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2859 DENVER ST SE
Washington, DC 20020
Quick Facts
- Area:3780sq ft
- Style:Colonial
- ConditionVery Good
- Year Built:1943
- Lot Size:0.1 acres
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.
| Status | Active |
| Added to RealtyWatch | September 6, 2026 - 41 days ago |
| Listing Office | Samson Properties, Matt Naha |
| MLS ID | DCDC2281998 |
Schedule a Showing
Interior
- General: Bathroom - Tub Shower, Entry Level Bedroom, Floor Plan - Traditional
- Appliances: Built-In Microwave, Dryer, Oven/Range - Electric, Washer, WaterHeater, Disposal
- Flooring: Luxury vinyl plank
- A/C: Central A/C
- Heating: true, Hot Water, Electric
- Disability Feature: None
Exterior
- General: Above Grade
- Style: Colonial
Construction
- Roofing: Built-Up, Flat
- General: Brick, Brick/Mortar
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: R-5-A, 5643//0004
- View: Street, City
Utilities
- Utilities: Water available, Sewer available, Electric available
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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