Evening Star Newspaper, January 7, 1922, Page 13

i Beautiful New Colonial Residence 1605 Buchanan Street N.W. Open for Inspection READY FOR IMMEDIATE OCCUPANCY One of the most elaborate homes ever bullt in Washington. Bullt of gray tapestry brick with red Spanish tile roof. House contains 11 rooms and 3 tiled baths; h.ow. heat. Large lving room, 16x38 ft. Hardwood floors throughout, Basswood trim, finished in white and mahogany. Large porches and double garage: Lot 70x100. This Is Truly a Home Worth Investigating FURTHER PARTICULARS ON APPLICATION JOSEPH C. ZIRKLE 203 Colorado Building PBhone Main 4985 You Have Not Seen These “HOMES” You Have Missed Seeing the Best Buy in the City This is conclusively proven by the fact that nearly all have been sold. Undoubtedly the roomiest, most homelike 6-room home being offered on today’s market. Price $10,750 Terms Reasonable REAL ESTATE CLASS TOLD OF FINANCING Y. M C. A. Members Hear Interesting Lecture by Morton J. Luchs. Financing of real estste projects was explained to members of the real estate class at the Y. M. C. A. this week by Morton J. Luchs, vice presi- dent of Washington Real Hstate Board. Bes: ‘were resumed Tues- dsy night following the holiday re- cess. a Mr. Luchs told the class that 95 per lons presented to involving the sale of real estate had to be financed— that {s, new mortgages had to be cured or existing mo ed to meet the requi desired by either the seller or purchaeer. Care Essentlal While the broker in euch trans- agtions primarily repres Mr. l;unh‘. ehmp!h‘- great care shou! rel the matter of adjusting r;ort.::‘:: from the standpoint of the purchaser. Every protection possible should be ofered the purchas would come wi; ancial ability of the wrcwh:’l"e':' to safely and permanently assume. Mortgages also should be arranged so that the purchaser would not have an vnexpected curtail confront him year or two after he makes his initial ancing o 3 explained, is tuna-mfi:.n.y. l'henl:vr:: | as financing & moderate-priced home. Apartment houses or business prop- j| |erties that usually carry large lo. 8re catered to by a special class of investors, while mort, 'S secured on moderate-priced dwellings are held | [y sll classes of investors. || sages are Three Groups Presemted. In a general way it was outlined fl;ldsldflnlncln‘ of real estate ls di- vide and financing of subdivision opera- tions. In the development of a sub. division it was pointed out that mort. generally so drawn that the land might be released in sections upon payment of an agreed amount. In this way certain lots' could be deeded free of incumbrance as a basis || | for building developments. At the next meeting of the class on Tuesday, January 10, F. X. Wholley, director of the better business bure: will discuss the question of adver! ing and publicity. APARTMENT HOUSE BOUGHT FOR $165,000 David A. Baer Obtains From A. C. Moses Property at 2109 F Street Northwest. David A. Baer has purchased from il | Arthur C. Moses the apartment house at 2109 F street northwest for a con- sideration understood to have been Il |around $165,000. The transaction was | |arranged through the office of Shan- non & Luchs, in conjunction with the | | office of Lanham & Hill. Trke building is four stories high, of l{ modern construction and contains ‘Sample House, 3306 19th St. NW. | (North of 19th and Park Road) A Choice Residential Section CHAS. D. SAGER Owner and Builder 923 15th St. N.W. R, We've One Splendid | Home Bargain Its located at 3214 Ma- comb Street, Cleveland Park —and is the sample home of a group of Spanish Villas we recently completed and quickly sold. N LLLIIIII LI ILILLI 00 LI LTI 2002222 1L LA DAL L1 122277700077 720027 22 2200107000770 E P LA L L LA PP A PP, LI LI 2221212 I AL LA LA LA A The construction is hollow tile—the plan a most pleasing one—the finish all the name Kite implies. Nine rooms, (including the unique enclosed dining and sleeping porch-rooms)—and Dou- ble Garage opening on improved alley. There are an unusual number of closets—big and commodious; floored and lighted attic; most practical hot- water heating system—with separate instantaneous heater for bath and kitchen use. Y 2z R s There is only the one— 3214 Macomb Street—at 33d Place. The Home and the ‘price will earn your approval as you inspect it. One of our staff is in attendance every day and evening. ‘Take Chevy Chase car to Macomb Street—walking west to 33d place. Owner and Harry A. Kit Builder Member Washington Real Estato Board 1514 K St. NN\W. Phone Main 4846 7 77 forty apartments. A Real Property BUILT ON MERIT Since the Wilburtes was erected, land values at and ad- jacent to 1Sth and Columbia Road have steadily ine: until today that district is one ¢ _the most thriving in the ‘Wilburton Apartments 1844 Columbia Rd, Near 1Sth St. Erected by B! which under their present ex- tremely low rentals will afford the purchaser an attractive in- come on the investment. Prop- erly handled, these apartments will pay a much larger income. ‘With the land advancing in value, together with‘its attrac- tive renting advantages, this tnrvportv offers an exceptlonal vestment opportunity. Price, $85,000. Easy Terms Can Be Secured. Phone, Write or Call for Particulars. Glover & Flather Exclusive Agents. 737 15th St. Phone Fr. 461 OFTFICE OF GRAEME T. SMALLWOOD 1023 VERMONT AVENUE Mean Better Service We've Moved to 1022 Vermont Ave. Phone Main 5070 mf";.’:.fii.‘faf'“;inm“:nm when of “authorities” on Real Estate given to us to handle. Sales, Office of Now 1022 Vermont Ave. Formerly 729 14th St. I=T="5S== a|One thousand men will be affected by STEEL SHOPS TO RESUME.! PITTSBURGH, Pa., January 7.— Several departments of the Allegheny Steel Company works at Brecken- ridge, Pa.” will resume operations January 16 efter a suspension of sev- eral months, it is announced by Harry | E. Sheldon, president of the company. the resumption orders, Mr. Sheldon said. Normally the plant employs 3,000 men. Departments to be reopened are two sheet mills, the bar mills and open hearth. [ In High View | 6 rooms and bath Deep lot to wide alley Small Cash Payment Very Easy Terms Weaver Bros. 737 15th St. NW._ © Main 1821 High-Class Homes " -erlooking the Park 8 rooms 2 baths shower, double garage, inclosed sleeping porches, open replaces, uartered oak loors, excellent equipment and fin- ish. Wonderful values. Easy terms. n daily till 8:30 S 20th and Park Road NW. Kennedy BI‘OS.. Inc. Owners and Builders 2400 16th St. Col. 7200 Six regidences were sold this week through the office of Boss & Phelps. A home 2703 Woodley road, re- cently completed by W. C. & A. N. Miller, was purchased by George Barnet Trible. The house construction with two stories. is a garage for two cars. Mary E. Brown purchased g large brick house at 1307 L street north- estate of Frank J. There house has twelve rooms, two baths, with hot-water heat and electric lights. It is under rental at the present time and will be held for investment purposes. 708 Kenyon street nort Pleasant, was bought by Ann! Deane. This house colonial style, having eight roo ‘-mc. front and rear gorche Massachusetts Avenue, west of Sheridan Circle to near Con- necticut Avenue Bridge. Rock Creek Park to 32nd and Cathe- dral avenue. Washington’s best home section. Wooded lots and villa sites. Some as low as $2,000. Secure a site for your Apartments and Office |[|7ore from $15,000 to $100,000, according to location. Call Buildings a Specialty Careful Service * Main 6935 for book. Prompt Remittances O Bavia 3 Howetl & Sou Euginesre Geo. W. Linkins Middaugh & 1719 K Street Shannon, Inc. “Im Business Sinece 1886” Woodward Bldg., 15th and H If You Want One of Those Beautiful Kansas Avenue Homes 10 Sold Inspect at Once 3801 to 3831 Kansas Ave. N.W. —between Quincy and Randolph Sts. Only 1% squares from l4th St. car line. 6 and 8 large rooms; attic; h.-w. h.; electric light; lots of closet space; double rear porches; wide cement front porch: built-in ga- rage with each house. In a most exclusive location. For Sale by THOS. A. JAMESON OWNER AND BUILDER 906 N. Y. Ave. N.W. Main 5526 After 5 P.M., Lincoln 6146-W INSPECT TODAY Open and Lighted Until 8 O’Clock P.M. Daily : ; FOUR NEW COLONIAL HOMES INSPECT TODAY 13TH AND SPRING ROAD N.W. Take 14th Street cars to Spring Road and Walk one square or phone us for auto. ot $1,000 CASH—BALANCE, $75.00 MONTHLY INCLUDING ALL INTEREST H. R. HOWENSTEIN CO. 1314 F St. N.W. INSPECT TODAY! Beautiful New Homes Nos. 1758 to 1768 Lanier St. N.W. (One Block North of Columbia Road) Eight well proportioned rooms (finished in white and mahogany) and two complete baths; hot-water heat; electric light; oak floors; attic; glass- inclosed breakfast porch; Pittsburg instantaneous water heater; laundry facilities; large sleeping porch; lot 2234x142; brick garage. Only three left. Price Reasonable—Terms if Desired Sample House No. 1760 Lanier Street Open, Heated and Lighted Daily Until 9 P.M. N. L. Sansbury Company, Inc. : “Everything in Real Estate” 1418 Eye Street N.W. Phones Main 5903-4-5 Exclusive Agents i REAL ESTATE, ' 13 property was bullt by A. E. Lewis™Tt contains five rooms and bath, is hegt- ed with hot water and has hard floors and electric lights. The lobiis 50 by 100 feet. i¥ jothstine sold his home tin street rorthwest to . E. 8 ons. This Is a detached house containing six rooms and béth, heated with hot water, and having electric' lights and ont and r-r porches. The lot is 35 by 150 feet. water heat, electric lights and other improvements. A home In Chevy Chase recently completed by Harry P. Huddleson, at 3764 Jocelyn street, was sold to Chaplain Evan W. Scott. United States Navy. This is a central hall planned detach rooms provids A bungalow situated at 3603 Norton ) eveland Park, was ob- tained by Joseph R. Farrington. This There is a garage. L % Mt. Pleasant West of 1 Semi-detached home of 7 large rooms, tiled bath and reception hall. This house is 24 ft. wide, making all rooms extra large and light. 130 feet deep to wide alley. Oak floars and hardwood trim. Maid’s room, laundry and toilet in cellar. Every modern convenience in this beautifully conditioned home makes it a bargain at only— $l 3,000 $2,500 CASH $75 PER MONTH DAVIS & STEELE Exclusive Agents 1420 N. Y. Ave. N.W. M. 5398-5082 In New Homes At 9th and Longfellow Sts. N.W. Price, $8,350 Terms, $1,000 Cash; $75.00 Monthly Tapestry brick, varying in design, six good size rooms, porches front and back, thoroughly modern, with many new’ features, especially in the kitchen and bath room. * Large Playground Set Aside for Children Take Takoma car on 14th St., get off at 9th, one block north; take Ga. Ave. car to Longfellow St., one block east. Open and Lighted Daily 9 A.M. to 9 P.M. VT L "WM. S. PHILLIPF Realtor—Builder . Ave. NW. TO THOSE WHO OUGHT TO BE INVESTORS: Many a man has his money invested in such a fashion that it produces only a small part of its capacity for him—the larger part of its product goes to the man in whose hands he has placed it and who knows how to make it really work. Now, if you will just take the trouble to put your money to work for yourself, you can get a return that is really worth while. For instance: This office has several apartment houses that can be bought with very little cash on most com- fortable terms, and that will yield a handsome net income. THINK IT OVER! Go Over the Figures Below: A mew fireproof building for $115,000 can be bought with $15,000 cash. It has a total rent of $18,500 per annuni; the total expemses (imcluding collection of rvemts) are $4,200; tuterest on $100,000 at 63, amounts to $5,000. The met income, therefore, is $6,300—a mighty handsome re- turn on the original fhvestment of $15.000. (Nete: All the rents fixed by the Rent Commission.) Phone Our Investment Department We shall be glad to give you detailed information. SHANNON-& LUCHS Main 2345 713 14th Street N.W.