CHARIS REALTY GROUP

2859 DENVER STREET SE

WASHINGTON, DC 20020

MLS#: DCDC2253442

$654,000

Status: Active
Listing number: DCDC2253442
Listing provided by: Samson Properties
Listing agent phone: None
Last update: 2 days ago
On site: 5 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1943

Sq.Footage

3,780

PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Lot Size(square feet)

    4,560

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $654,000

  • Tax Amount

    $5,863

  • Sq. Footage

    3,780

  • Price/SqFt

    $173

HOA

  • Association

    No

School District

  • Elementary School

    STANTON

  • Middle School

    KRAMER

  • High School

    ANACOSTIA SENIOR

Property Features

  • Stories

    2

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

WASHINGTON

Elementary School

STANTON

Middle School

KRAMER

High School

ANACOSTIA SENIOR

Listing Courtesy of Matt Naha, Samson Properties

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Agent Vonte Kirby

Salesperson, Realtor

Vonte Kirby

Call Vonte today to schedule a private showing.

(240) 291-4011

vonte@homewithfortitude.com


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PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers.

2859 DENVER STREET SE

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