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The Press on Capitol Hill Auctioning 18 Units

By November 14, 2008

The Press

A reader sent in the following photo:

Looks like 18 units, 1 and 2 bedrooms, starting at $185,000. The auction date is December 13, 2008. For more details call 800-522-6664.

This sucks for existing buyers but The Press has had a hard time moving units for a long time now and has gone through several different marketing firms. I’m a little surprised they aren’t waiting until the spring but I guess they have their reasons for doing an auction during one of the slowest real estate months of the calendar year.

Recent sales at 1610 Belmont:

#504 – $359,000 – 2 bd / 2 ba – 870 sf – Sold in October
#301 – $390,000 – 2 bd / 2 ba – 890 sf – Sold in September
#403 – $300,000 – 1 bd / 1 ba – 670 sf – Sold in August
#502 – $310,000 – 1 bd / 1 ba – 670 sf – Sold in August

There haven’t been any recent sales at 1620 Belmont.

Update: Here’s the Press auction info page.

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