#DCDC2156080, Anita Mutumba, Listing Office: Houwzer, LLC
$10,000
closing credit¹
1213 NE Penn NE Washington, DC 20002
Property details
About 1213 NE Penn NE
CALLING ALL INVESTORS!! FOR SALE AS-IS SALE!! For Sale: Income-Generating 4-Unit Apartment Building – Perfect Investment Opportunity! This 2,876 sq. ft. multi-family property features four separate 1-bedroom, 1-bathroom apartments, offering incredible potential for steady rental income. Sitting on a manageable 2,222 sq. ft. lot, this well-maintained building is an ideal investment for seasoned or first-time property owners. Property Highlights: 4 Separate Units: Each unit includes 1 bedroom and 1 bathroom, perfect for individuals, couples, or small households; Move-In Ready: All apartments come equipped with a refrigerator and stove, adding immediate value for potential tenants; Efficient Layouts: Comfortable and functional designs ensure tenant satisfaction and long-term occupancy; Low Maintenance Lot: The 2,222 sq. ft. lot keeps upkeep simple and cost-effective. Investment Potential: This property is a great opportunity for buyers looking to generate consistent rental income. Rent out all four apartments, or live in one unit while leasing the others to offset your living expenses. Key Benefits: Turnkey Opportunity: Appliances included, so you’re ready to start renting right away; Attractive to Tenants: Individual 1-bedroom units are in high demand for professionals, students, or retirees; Versatile Income Options: Rent all four or use a combination of owner-occupied and rental units. Don’t Wait—Schedule a Tour Today! This multi-family property offers incredible potential and won’t stay on the market long. Contact us today to learn more about this 4-unit investment opportunity or to arrange a private showing.
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2175664
- MLS Name: BRIGHT
- Office Name: Fathom Realty MD, LLC
- Office Phone: (410) 874-8111
- Office Email: admin@badaliangroup.com
- Listing Agent: Marlene Amos
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Last updated on: 2/5/2025, 4:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$860,000
1213 NE Penn NE
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
6
Kipp Dc - Spring Academy Public Charter School
Public Charter 1-4
0.3 mi
•1375 Mount Olivet Rd NE
5
J. O. Wilson Elementary School
Public District EE-5
0.6 mi
•660 K St NE
3
Miner Elementary School
Public District EE-5
0.6 mi
•601 15th St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,929. The most common annual income of people living in Washington, DC is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1213 NE Penn NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,876 square foot home, which was built in 1935, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 27, 2025 and is currently priced at $860,000.
Over 87 listings were sold over their listed price in January 2025 in Washington, DC. In the same period over 198 listings were sold below the listed price and 93 listings were sold for the listed price. The number of listings in Washington, DC increased by 12.1% between December and January 2025. The median list price of listings available in January 2025 was $673,815, while the average time on the real estate market was 59 days.