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.
For sale
$860,000
1213 Penn St NE, Washington, DC 20002
8beds
--baths
2,876sqft
Est.:
Townhouse
Built in 1935
-- sqft lot
$-- Zestimate®
$299/sqft
$-- HOA
What's special
Efficient layoutsLow maintenance lotMove-in ready
- 97 days
- on Zillow |
- 82 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 27, 2025 at 08:28am
Listed by:
Marlene Amos 301-793-0408,
Fathom Realty MD, LLC
Source: Bright MLS,MLS#: DCDC2175664

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Oven/Range - Gas, Refrigerator, Exhaust Fan, Gas Water Heater
Features
- Combination Dining/Living, Floor Plan - Traditional
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,876
- Total interior livable area: 2,876 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,222 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 4060//0256
- Zoning: R4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block, Crawl Space
Condition
- Good
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $759,380
- Annual tax amount: $6,615
- Date on market: 1/26/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: All Appliances, Fan Kits
- Ownership: Fee Simple
- Income includes: Apartment Rentals
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