Brookland House Condominiums - Washington DC
Located in the quiet historic neighborhood of Edgewood in Washington DC's Ward 5, are the Brookland House condominiums. This striking brick 1940 building was beautifully renovated and converted to condos, and has 26 units, mostly one-bedrooms. While residences don't often come on the market here, the most recent listing have been modestly priced with a significant potential for value growth.
Like many real estate markets, Edgewood suffered a housing drop during the national economic crisis. The Brookland House one-bedroom condos sold at around $241,500 when the building first went to market. Those prices ended up slipping thereafter, and only recently regained most of their losses. These are very affordable residences for the District, with nice open designs, hardwood floors, oversized windows and custom kitchens featuring granite counters and stainless steel appliances.
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Originally farm land, the Edgewood neighborhood goes back to the mid-1800's with an initial development boom occurring from around 1910 to 1930. The area is typified by row houses and old apartments that have undergone condo conversions. According to Zillow, the median sales price for homes in the neighborhood is $292,500.
Edgewood is known for tree-lined streets and small charming stores and cafes. The neighborhood is still relatively affordable and is seen by many as being on the cusp of a commercial and economic surge. The Brookland House condos are located at 2615 4th St, NE, near to the a new Giant supermarket as well as a Home Depot. There's a number of nice parks in the area, including Langdon, Fort Bunker and Taft Recreation Park. The Rhode Island Ave – Brentwood Metro is just a few blocks away.
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Listing information last updated on December 14th, 2019 at 8:30am EST.