$ 699,000
-
$699,000
Price -
5
Bed -
4
Bath -
3,780
SqFt -
0.1
Acre
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About the Listing SAMP13 - 3340887
PRICED TO SELL — 7.82% cap on actual collected income, 9.13% cap rate on pro forma. Five furnished 1BR/1BA units, renovated in 2025, all five occupied. Every unit includes washer/dryer, smart TV, queen bed and a dedicated workspace, rented all-inclusive on flexible mid-term terms to the military, medical-resident and government-contractor demand DC generates year-round. Dedicated furnished inventory in this submarket is close to nonexistent — national operators price comparable units at $2,900–$3,300/month. Mid-term furnished tenancies turn over on defined terms, keeping the rent roll current with the market rather than locked to legacy rates. All-electric, individually metered, brick, 3,780 SF. At $139,800 per unit this prices below the $148,682 submarket average, with Skyland Town Center Phase 3 (0.3 mi) and the Barry Farm redevelopment (0.9 mi) underway. Government agency leasing at $2,000/unit takes the cap rate to roughly 10.6%. Seller motivated and will review all reasonable offers. Contact listing agent for Offering Memorandum.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Multi-Family
MLS ®
DCDC2281998
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: 5
- Bathrooms: 4 Full
- Appliances: Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater, Disposal
- Air Cond: Central A/C
- Heating: Hot Water
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft: 3780
- Basement:
- Other: Bathroom - Tub Shower,Entry Level Bedroom,Floor Plan - Traditional
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-5-A
- Roof: Built-Up,Flat
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street
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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