1243 Penn St NE, Washington, DC 20002

Great for owner occupant or investor! All units are 1 BR+den or small 2nd BR. Three units tastefully renovated since 2017. Unit #3 is vacant and ready to show. All renovated units have heat pumps, stainless steel appliances, renovated kitchens and baths. Two market rate tenants pay $1900 and $1500/month. Unit #4 is occupied by a very nice Section 8 tenant who pays $1200/month total (including co-pay, which she pays). Her unit has not been renovated. This property is NOT in an Opportunity Zone, but the owners had a feasibility study done several years ago which shows that you can go up one story and down one story. You cannot increase the number of units, but they can become duplexes. Feasibility Study is in the Documents section. PLEASE NOTE THAT THE NUMBERS ARE OUT OF DATE ON THE FEASIBILITY STUDY. Show only vacant unit #3. We will make arrangements to show other units after contract is ratified. Hardwood floors in Units 1&3, and LVP in Unit 2 Kitchens with quartz countertops Dishwashers in Units 2&3 All units new HVACs in 2021 Unit 1, 2, 3 new water heater 2021 Unit 4 new water heater 2017 Washer & Dryer in 3 units