2859 Denver St SE - Apartments FOR SALE


Washington, DC 20020- Anacostia
$699,000 USD
240-630-8689
2859 Denver St SE, Washington, DC for Sale
$699,000 USD
Apartments - FOR SALE
1/40
null | 7.82% Cap Rate

2859 Denver St SE
Washington, DC 20020
Anacostia


HIGHLIGHTS

  • 14 min drive to National Mall, 18 min to DCA, 4 min to Metro, 3 min walk to Bus station
  • Furnished Mid-Term Rental model that mitigates DC rental constraints and eviction risk to collect premium rents
  • 8.5% cap rate on renovated, 100%-occupied income generating multifamily. Earn income from Day 1!

OVERVIEW

NEW PRICE! Investors — Check out 2859 Denver Street SE, a fully stabilized, 5-unit furnished multifamily building in Southeast Washington, DC (Naylor Gardens / 20020). Built 1943, comprehensively renovated in 2025, and 100% occupied. • Offering Price: $699,000 ($139,800 /unit · $185/SF) • Pro Forma NOI: $63,800 • Cap Rate: 9.13% • DSCR: 1.51x at 25% down, 7.5%, 30-yr amortization • Year 1 Cash-on-Cash Return ˜ 12.82% • Year 1 Total Return ˜ 15.60% ($22,801 cash flow + ˜$4,936 principal paydown on $177,866 equity)

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

5

PRICE/UNIT

$139,800

CAP RATE

7.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1943

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,560 SF

ZONING

RA-1

APN/PARCEL ID

5643-0004

ASK ABOUT THIS PROPERTY

Matt NahaSamson PropertiesMore Info
240-630-8689

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Matt NahaSamson PropertiesMore Info
240-630-8689

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.