About This Home

This 0-bedroom, 0-bathroom residential multi family at 1123 PENN ST NE in Washington, DC is listed for $825,000. Built in 1930, on a 0.05 acres lot.

Key Features

  • Built in 1930
  • 0.05 acre lot

Property Details

1930
Listing Description

Calling all investors! This 4-unit multifamily property in the heart of Trinidad offers a rare turnkey renovation opportunity in one of DC's most vibrant and rapidly appreciating neighborhoods. The building features four spacious 1-bedroom units, fully vacant and ready for your vision, whether that's a full gut renovation or a boutique rental portfolio addition.

Trinidad is a dynamic, community-oriented neighborhood offering unbeatable convenience: close to Union Market's acclaimed dining and shopping complex, enjoy easy access to nearby universities, and take your pick of local restaurants and grocery stores just steps away.

With Metro access nearby and only minutes to downtown DC and Capitol Hill, this location is a strong draw for future tenants seeking an urban lifestyle with easy commuting options. With all four units vacant, investors have full flexibility to renovate on their own timeline and maximize rental income potential in a neighborhood experiencing strong demand and continued growth. Don't miss this opportunity to invest in one of DC's up-and-coming corridors.

Monthly Cost Estimate

$4,412/mo

20% down · 6.5% · 30 years

Principal$597
Interest$3,575
Insurance$241

Estimates only. Actual payments may vary.

Location

1123 PENN ST NE

Washington, DC 20002

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1123 PENN ST NE is listed at $825,000. The estimated monthly payment is $4,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.05 acre lot.

This property is listed by Wendy Gadson.

WG

Wendy Gadson

Agent at Chevy Chase Circle

Listed by Chevy Chase Circle

MLS# DCDC2274912· Source: listhub· 2 days on market

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1123 PENN ST NE, Washington, DC 20002

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