News

Black Women Who Bought DC Apartment Building 40 Years Ago For $75K Say Its Now Worth $2 Million

Photo Credit: Washington Post

Nationwide — Four decades have passed since they collectively purchased the unassuming six-unit building tucked away in Northwest Washington DC. Today, four of the original tenants, all African American women, still reside within its walls, and the building the purchase in 1983 for $75,000 is now worth close to $2 million.

Back when they first acquired the property, they could never have foreseen the ownership they would come to cherish. While the exterior of the building may appear unremarkable, it holds a unique place in the hearts of these women, who have weathered life’s challenges within its confines.

As the years passed, the quartet clung to their shared dream amid family illnesses, births, neighborhood transformations, and the inevitable march of time. They forged one of the city’s most enduring cooperative living arrangements, a testament to their unwavering determination. However, the time has come to part ways with their beloved home. The eldest among them, at 97 years old, and the others in their 70s, have found the stairs increasingly challenging to climb. Selling the building now presents an opportunity to reap the rewards of their decades of diligent maintenance.

According to the Washington Post, the value of their property has soared since their initial purchase, with similar buildings in the Park View neighborhood fetching over a million dollars today, and some even reaching two million. Noelle-Kristine Spencer of TTR Sotheby’s International Realty, who has been assisting the women, will soon list the property publicly. Yet, what cannot be captured in the listing are the bonds these women have nurtured within these walls.

Their story underscores the potential for housing stability and generational wealth when organizations and government agencies prioritize such initiatives. These women are more than just neighbors; they have functioned as a family, raising children together, looking out for one another’s welfare, and sharing the joys and sorrows of life. They have collectively built something remarkable, a testament to resilience and community.

Sitting in Earlie Hendricks’ apartment, where the journey began in 1971, the four women reminisce about their shared history. Joanne Jenkins joined a year later, followed by Washington in 1983, and Bettie Perry. They fondly remember the $89.50 monthly rent and the legal assistance they received to secure their property purchase. They couldn’t afford a lawyer at the time, so University Legal Services stepped in, helping them secure loans from the city to fund the purchase and subsequent renovations.

University Legal Services has since shifted its focus from property purchases to maintaining and renovating buildings acquired with city assistance. Jane Brown, the Executive Director, praises the women’s building as a success story that provided stable housing for four decades. She emphasizes that it is their prerogative to decide the best course of action now.

For these women, selling the building is bittersweet. Health concerns and the challenge of navigating the stairs have played a role in their decision. Yet, they look forward to benefiting from their years of investment. They recall the long treks to government offices and the constant maintenance as akin to a second job.

Over the years, they witnessed the neighborhood’s transformation from a place marked by open drug use and a nightly serenading stranger in the stairwell to a quieter, family-friendly community. However, the transformation has also brought a change to their lives within the building. Gone are the days of lively gatherings in Hendricks’ apartment, where her table was perpetually laden with food and friends.

As they prepare to part ways with their cherished home, Hendricks plans to move to a senior housing complex in the city, with Perry intending to accompany her, while Washington hopes to join them later. Jenkins, on the other hand, seeks a one-story house in Maryland. Their bond remains unbroken, and they anticipate new beginnings, even as they bid farewell to a place that has been their sanctuary for so long.

In the end, they are guided by the belief that this transition will lead to a happy ending, though it is a conclusion they are not quite ready to embrace.

Related Posts

REVEALED: The very ironic Broadway show Matt Gaetz allegedly took two women to see after flying them to New York for sex

Matt Gaetz allegedly took two women to see the musical version of Pretty Woman on Broadway after paying them to fly to New York City for sex and drug-filled romps. Donald Trump’s nominee for attorney general allegedly partied, used drugs and paid women for sex repeatedly between 2017 and 2019 while serving in the House of Representatives. Joel Leppard, a Florida-based attorney for the two women also says they met up with Gaetz at least once to watch him appear on Fox News’ Outnumbered in New York in January 2019.

Woke ‘Sanctuary City’ mayor vows to defy Trump’s mass deportation efforts

The mayor of Boston has promised to defy president-elect Donald Trump’s mass deportation efforts in ‘every possible way’. Mayor Michelle Wu has said that the city will continue to protect immigrants under the threat of deportation. ‘Elections have consequences, and the federal government is responsible for a certain set of actions, and cities – no individual city – can reverse or override some parts of that,’ Wu said on WCVB.

🚫AVOID GINGER If You Have THESE 8 Health Problems!

Ginger Contains High Antioxidants: Ginger is rich in antioxidants, second only to pomegranate and berries, and offers numerous health benefits including heart protection and immune system support. Potential…

Powerful moment brave Hamas hostage reveals terrorists sexually assaulted her as she confronts UCLA student who organized Pro-Palestine protests and refuses to look at her

A former Hamas hostage bravely shared how she was beaten and sexually assaulted by the terrorists who kidnapped her as she confronted the leader of a university encampment that was set up earlier this year to protest Israel’s war in Gaza. Moran Stella Yanai, who was snatched from the Nova Festival and held hostage for 54 days, urged UCLA encampment leader Aidan Doyle to understand the facts of the conflict as the pair came face to face at a debate in Southern California. Doyle, who previously praised the October 7 massacre, refused to make eye contact with Yanai as she shared the traumatic details of her kidnapping by Hamas, the brutal violence she faced in captivity, and how Gazan civilians celebrated her capture.

JFK’s daughter Caroline Kennedy can barely bring herself to say her cousin RFK Jr’s name after Trump’s victory in the US election

The daughter of assassinated President John F. Kennedy has slammed the ‘dangerous’ views of her right-wing, anti-vaxxer cousin Robert F. Kennedy Jr in a speech to Australian media. US Ambassador to Australia Caroline Kennedy initially even refused to mention RFK Jr by name when she addressed the National Press Club in Canberra on Monday. One reporter asked Kennedy whether Australia should be worried about intelligence-sharing with the US after Trump’s nominee for Director of National Intelligence, Tulsi Gabbard, was alleged to have ties with Russia.

Trump promises ‘no retribution’ when he enters the White House… but does reveal where he draws the line

Donald Trump promised he’s ‘not looking for retribution’ when he enters the White House in January despite vowing to throw his enemies in jail on the campaign trail. Despite the assurance, however, Trump pointed out he ‘obviously’ has the ‘upper hand’ and declared that he would draw the line after a certain amount of betrayal. ‘I am not looking for retribution, grandstanding or to destroy people who treated me very unfairly, or even badly beyond comprehension,’ he told Fox News Digital.

Leave a Reply

Your email address will not be published. Required fields are marked *