2269 Pennsylvania Avenue

This newly renovated four-unit investment property offers a rare combination of immediate cash flow and long-term operational efficiency. Positioned for full stabilization with a projected gross income of $94,740 and a net operating income of $82,357, the asset features a versatile unit mix consisting of one expansive four-bedroom residence and three oversized one-bedroom units. Beyond the primary bedrooms, each layout includes flexible bonus rooms ideal for home offices or additional storage, catering to the modern tenant's demand for versatile living space. To further bolster the bottom line, the property includes two separate storage compartments designed for additional ancillary income. These storage compartments could bring in an additional $300/Mo. The building has undergone an extensive interior transformation, significantly mitigating future capital expenditures. Modern aesthetics meet functional durability with new laminate flooring, updated lighting, and designer kitchens featuring butcher block countertops, stainless steel appliances, and custom tile backsplashes. Significant infrastructure upgrades, including a new well installed in 2025, ensure systemic reliability for years to come. With open-concept floor plans, walk-in closets, and in-unit laundry hookups in select units, the property is purpose-built to command premium market rents and attract a high-quality tenant base. Strategic flexibility is a hallmark of this offering, as one unit has been intentionally left vacant to accommodate an owner-occupant buyer or a final market-rate lease-up. The property’s utility structure is designed for simplicity; with heating provided via a modern mini-split system and efficient electric baseboards, landlord expenses are streamlined to cover only taxes, insurance, and trash. This turnkey asset represents a premier opportunity for investors seeking a high-yield, low-maintenance addition to their portfolio with substantial income upside and minimal move-in requirements.