Top D.C. Auction Properties
Last Friday's auction of long-vacant D.C. properties generated a potential $4.845 million for the District, if all the sales go through. The following properties produced the top five bidding prices—these are also the only bids at $300,000 or more, according to a list forwarded to me by Angelita Colón-Francia, spokesperson for the Department of Housing and Community Development.
3004 13th St. N.W. (Columbia Heights)
2305 1st St. N.W. (Bloomingdale)
57 Bryant Street N.W. (Bloomingdale)
475 Florida Avenue N.W. ($300,000) (Shaw)
What do you think? Was the price right? Keep this in mind: Potential buyers were not allowed to step foot in the properties before they put up their hands to bid at the auction.