$ 795,165
-
$795,165
Price -
0
Bed -
0
Bath -
3,780
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing SAMP13 - 3340887
Fully stabilized 5-unit furnished multifamily investment in the Naylor Gardens neighborhood of Southeast Washington, DC (20020). Built in 1943 and comprehensively renovated in 2025, repositioned from a Class C shell into renovated Class B workforce housing through comprehensive unit-by-unit rehabilitation. The property offers five individually metered 1BR/1BA units, each fully furnished with in-unit washer/dryer, smart TV, queen bed, dedicated workspace, Keurig, and full kitchenware. All-electric and separately metered per unit; shared water only. 3,780 gross SF on a 4,560 SF lot. Zoned R-5-A. Roof replaced 2018. Currently 100% occupied, generating $92,703 in annualized gross income. Pro forma NOI of $67,589 reflects an 8.5% cap rate at the list price. Turnkey furnished product with value-add upside through repositioning of unit rates. Federal Opportunity Zone and HUBZone designations offer potential tax advantages for qualifying buyers. The location benefits from over $500 million in active neighborhood development within one mile, including Phase 3 of Skyland Town Center (0.3 miles) and the Barry Farm Redevelopment (0.9 miles), anchored by Lidl and the city's first drive-through Starbucks. Comparable furnished units in the DC metro are priced significantly higher by national operators, positioning the subject's furnished product competitively within its submarket. Full Offering Memorandum, financials, and rent roll available to qualified buyers with a signed confidentiality agreement. All five units are tenant-occupied — showings by appointment only with advance notice; please do not disturb or approach occupants. Contact listing agent to schedule and to receive detailed financials.
Listing Highlights
Status
Active
Days on Site
99
Property Type
Commercial Sale
MLS ®
DCDC2253442
Year Built
1943
Total Square Footage
3,780
Lot/Acreage
0.1
County
Washington
School District
District Of Columbia Public Schools
Elementary School
Stanton
Middle School
Kramer
High School
Anacostia Senior
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: R-5-A
- Roof: Built-Up,Flat
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,863
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2859 Denver St SE Washington, DC 20020
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
