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2859 Denver Street Southeast

Washington DC 20020

5
3780 sq. ft.
4560 sq. ft.
Townhouse
Currently for sale - view listing

Overview

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

5 bedrooms
3780 sq. ft. floor area
4560 sq. ft. lot size
Townhouse

Happy sellers in Washington

88%
88% of sellers in Washington reported that their sale price either exceeded or met their price expectations.

Washington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Washington over the last 12 months.

Local market activity for 5 bedroom townhouses in Washington

In the last 12 months, 5 five-bedroom townhouses similar to 2859 Denver Street Southeast, have been sold.

This represents a 38% increase in five-bedroom townhouses sales when compared to the previous 12 months.

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