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1213 Penn Street Northeast Washington, DC 20002

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For Sale
$750,000

Four 1-bedroom, 1-bathroom apartments offering rental income potential.

Type:Multi-Family / Fee Simple
Property size:
2,876 SF
Added:
Dec 6, 2024
Days on Market:
496
Last Refresh:
Mar 13 at 5:48 pm

Property Features for 1213 Penn Street Northeast

General Information

Standard status
Active
Size
2,876 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1935

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Listing Contact
Marlene Amos

Listing agent Marlene Amos License #664223

Listing office Fathom Realty MD, LLC

Listing date Dec 6, 2024

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Fathom Realty MD, LLC


Overview

Income-Generating Four-Unit Apartment Building

This 2,876 sq. ft. multi-family property features four separate 1-bedroom, 1-bathroom apartments, offering potential for steady rental income. It is situated on a 2,222 sq. ft. lot. Each unit includes 1 bedroom and 1 bathroom. All apartments come equipped with a refrigerator and stove. The property has separate meters for electric and gas. The layouts are designed to be comfortable and functional. The property is located in Washington, DC, within city limits, and is served by the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district. The local high school is DUNBAR SENIOR (WASHINGTON DC). This property is an opportunity for buyers looking to generate consistent rental income. The property is suitable to rent out all four apartments, or live in one unit while leasing the others to offset living expenses. Individual 1-bedroom units are in high demand for professionals, students, or retirees. The property offers versatile income options to rent all four or use a combination of owner-occupied and rental units.
Location Intelligence

Current Use by Public Records

Quadplexes

Map

City
Washington
County
District of Columbia
State
District of Columbia
Longitude
-76.9870545
Latitude
38.9060887

FAQs

What type of property is this?
Quadplex - Four 1-bedroom, 1-bathroom apartments offering rental income potential.
Where is this quadplex located?
The property is located at 1213 Penn Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Income‑Generating: Four separate 1‑bedroom, 1‑bathroom units provide strong rental income potential.; Turnkey Opportunity: Each unit includes essential appliances (refrigerator and stove), making it rent‑ready.; Separate Meters: Individual electric and gas meters simplify utility management and tenant billing.
More about this property
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