2859 Denver St Se, Washington, DC 20020
- $699,000
- List Price
- $699,000
- Price Change
- ▼ $12,463 1788741703
- Days on Market
- 139
- Status
- ACTIVE
- MLS#
- DCDC2253442
- Lot Size (Acres)
- 0.1
- Year Built
- 1943
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
PRICED TO SELL — 7.82% cap on actual collected income, 9.13% 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.
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Additional Information
- Taxes
- $5863
- Stories
- 2
- School District
- District Of Columbia Public Schools
- Elementary School
- Stanton
- Middle School
- Kramer
- High School
- Anacostia Senior
- Flooring
- Luxury Vinyl Plank
- Heating
- Hot Water
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Roof
- Built-Up, Flat
- Utilities
- Water Available, Sewer Available, Electric Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Samson Properties. Contact: 2406308689