About the Listing GRYS1 - 136386

"THE OPPORTUNITY 1710 28th Street SE offers a fully occupied four-unit multifamily property in the Randle Highlands neighborhood of Southeast Washington, DC. The building consists of four 3BR/1BA units, all currently leased, providing stable day-one income in a growing residential submarket. The property’s location, large unit layouts, and strong transit access make it a compelling opportunity for investors seeking a low-maintenance, cash-flowing asset. RENT CONTROL EXEMPT As a four-unit building, 1710 28th Street SE qualifies for DC’s rent control exemption for first-time multifamily owners. This designation allows for market-based rent increases and provides investors with long-term flexibility not available in larger, rent-regulated buildings. STABLE, IN-PLACE CASH FLOW The property is currently 100% occupied, generating immediate rental income with minimal operational risk. All units are configured as three-bedroom apartments, meeting strong tenant demand for family-sized housing in a supply-constrained part of the city. FAMILY-ORIENTED UNIT MIX Each of the four units offers a three-bedroom, one-bathroom layout, ideal for families, roommates, or tenants seeking more living space. These larger floorplans offer above-average rent potential and appeal to a wide tenant base in Southeast DC’s working-class neighborhoods. WALKABLE TO NEIGHBORHOOD AMENITIES The property is located next to Randle Highlands Elementary School, a key draw for families with young children. Its residential setting provides tenants with walkable access to schools, parks, and essential services, helping to support long-term tenancy. STRONG TRANSIT CONNECTIVITY 1710 28th Street SE sits adjacent to the D10 Metrobus route, which offers direct service west through Capitol Hill and into Downtown DC and the West End. This level of transit access provides residents with reliable commuting options to major employment and retail corridors, boosting the property’s rental appeal."

Listing Highlights