1 month on rocket

1114 Penn St NE, Washington, DC, 20002

$1,600,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,848 SqFt
$562/SqFt
Multi

Location

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1114 Penn St NE, Washington$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn-site - Sale, Driveway
Year BuiltNew Const., 1930
HeatingForced Air
CoolingCentral Air
MLS #DCDC2154654
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 1114 Penn St NE

Welcome to this beautifully renovated 4-unit condo building in the heart of Trinidad, one of DC's most vibrant and rapidly growing neighborhoods. This meticulously updated property features four fully renovated units. The building offers two 2-bedroom, 2-bathroom units and two 2-bedroom, 1-bathroom units. Every unit has been thoughtfully designed with a contemporary flair, including sleek kitchens with stainless steel appliances, luxurious bathrooms, in unit washer/dryer, and ample natural light throughout. There are 2 parking spaces in the back and gas & electric are separately metered. Investors, take note: this is an excellent opportunity for steady cash flow, with renovated units currently renting for $2,400-$2,600/month. Whether you're looking to expand your portfolio or seeking a solid long-term investment, this property delivers on all fronts. Located just minutes from the H Street Corridor, Union Market, and public transit, these condos offer both convenience and style, making them highly desirable for tenants. Don't miss your chance to own a turnkey property in one of DC's hottest neighborhoods!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1930
  • Living Area: 2,848 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (833) 335-7433
  • Listing Agent: Christopher Clark

Exterior Features

Parking Information:

  • Parking: On-site - Sale, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Dunbar High School, Public District Grades 9-12
  • Wheatley Education Campus, Public District Grades EE-8

Other

Directions Information:

  • Directions: West Virginia Ave. NE to Penn St. NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $562/SqFt

Tax Information:

  • Annual Amount: $5,439
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$674.6K

Med. Price/SqFt

$511

Avg. Days On Market

41

# of Sold Homes

436

1114 Penn St NE vs Washington

37 DAYS ON ROCKET

-4 Days

$1,600,000

+$925.3K More

$562/SqFt

+$51 More

KEY TAKEAWAY

This property is $925.3K more than the Median Sold Price and $51/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2154654

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (833) 335-7433
  • Listing Agent: Christopher Clark

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 07, 2006Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,439$639,840
2019$4,979$585,860
2018$4,307$506,690
2017$3,805$447,600

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-172753
4
/10

  • Wheatley Education Campus

  • 1299 Neal St NE

  • 0.20 miles

  • Public District Grades EE-8

High School

school-card-donut-172754
4
/10

  • Dunbar High School

  • 101 North St Nw

  • 1.37 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,929. Typical income of Washington, DC residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20002›1114 Penn St NE

This home is located at 1114 Penn St NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,848 square foot home, which was built in 1930, sits on a 0.06 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,600,000.

In August 2024, from all listings sold in Washington, DC there were more than 95 sold above asking price, over 229 sold below and more than 112 were sold right at the asked price. In August 2024 in Washington, DC there were 8.3% more homes for sale than in July 2024. Listings spent 41 days on the market in August 2024, and had a median list price of $674,623 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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