2859 DENVER ST SE, Washington, DC 20020
2859 DENVER ST SE, Washington, DC 20020
2859 DENVER ST SE, Washington, DC 20020
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John Davison

John Davison

+1(610) 408-0400
Listed by Matt Naha • Samson Properties
$654,000
Est. payment /mo
4,560 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2253442

Year Built 1943

Available Date 2026-04-25

Annual Tax Amount $5,863

Tax Year 2025

Lot Size 4,560 Sqft

Acres 0.1

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning R-5-A

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Flooring Luxury Vinyl Plank

Inclusions Furniture, security cameras, smart locks

Heat Source Electric

Exterior

Garage Spaces 5.0

Utilities Available Water Available, Sewer Available, Electric Available

Water Access N

Roof Type Built-Up,Flat

Accessibility None

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Stanton

Middle Schools Kramer

High Schools Anacostia Senior

School District District Of Columbia Public Schools

Others

Tax ID 5643//0004

Ownership Fee Simple

Security Features Smoke Detector,Security System,Exterior Cameras,Main Entrance Lock,Surveillance Sys

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

John Davison
John Davison

PA Broker Lic# RB069242NJ Broker Lic# 0790589DE Broker Lic# RB0031132FL Broker Lic# CQ1066320

+1(610) 408-0400 | john@digz.house

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