2859 Denver Street Se Washington, DC 20020

$699,000
0.10
Acres
3,780
SQFT
185
$/SQFT
$699,000
3,780   sf
$185 / sf
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active
1/79
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PRICED TO SELL — 7.82% cap on actual collected income, 9.13% cap rate on 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. Contact listing agent for Offering Memorandum.

PRICED TO SELL — 7.82% cap on actual collected income, 9.13% cap rate on 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. Contact listing agent for Offering Memorandum.

  • Neighborhood
  • Type
  • County
    Washington
  • Tax Amount
    $5,863
  • Status
    Active
  • Listing #
    DCDC2281998
  • Built
    1943
  • Lot Size
    0.10
  • Listed on site
    7 days
  • Listing Agent Id
    801656248046

Listed by:
Samson Properties

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Sewer

View

  • City view

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • Two Story
  • Colonial
  • End Unit
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