$ 750,989
-
$750,989
Price -
0
Bed -
0
Bath -
3,780
SqFt
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About the Listing SAMP13 - 3340887
Fully stabilized, 100% occupied 5-unit furnished multifamily in Naylor Gardens (SE DC, 20020) — now priced to trade. Built 1943, comprehensively renovated in 2025 from Class C shell to renovated Class B workforce housing through unit-by-unit rehabilitation. 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, separately metered per unit; shared water only. 3,780 gross SF on a 4,560 SF lot. Roof replaced 2018. Generating $92,703 in annualized gross income with pro forma NOI of $67,589 — a 9% cap rate at the current list price, with additional upside through repositioning of unit rates. Turnkey furnished product requiring no capital infusion at closing. Federal Opportunity Zone and HUBZone designations offer potential tax advantages for qualifying buyers. Over $500 million in active development within one mile, including Skyland Town Center Phase 3 (0.3 miles) and Barry Farm Redevelopment (0.9 miles), anchored by Lidl and the city's first drive-through Starbucks. Full Offering Memorandum, financials, and rent roll available to qualified buyers with a signed confidentiality agreement. All five units tenant-occupied — showings by appointment with advance notice; please do not disturb or approach occupants. Contact listing agent to schedule.
Listing Highlights
Status
Active
Days on Site
127
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
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Questions About..
2859 Denver St SE Washington, DC 20020
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