DC > Washington
Washington, DC 20020,2822 28TH ST SE
Washington, DC 20020,2822 28TH ST SE
Washington, DC 20020,2822 28TH ST SE
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Kornelia Stuphan

Kornelia Stuphan

+1(202) 669-5555
Listed by Kalonji Foreman • Compass
$1,500,000
Est. payment /mo
4,881 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2224826

Year Built 1943

Annual Tax Amount $6,310

Tax Year 2024

Lot Size 4,881 Sqft

Acres 0.11

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Introducing an exceptional investment opportunity in Washington, DC! Welcome to 2822 28th Street, SE a charming multifamily property with six units, located in the sought-after area of Washington, DC. This well-maintained building, constructed in 1943, boasts a total of 4,658 square feet and sits on a land area of 4,481 square feet. Featuring a mix of spacious 1 and 2-bedroom units, the property offers a lucrative investment with a projected cap rate of 8.11%. With a market cap rate of 5%, this property presents a compelling opportunity for investors seeking stable returns.

The units are projected to yield an annual total income of $169,800. This property is not just a place to live but also a savvy investment choice in a prime location. Residents will enjoy the added convenience of three dedicated parking spaces. Ideally located, this property is just steps from the lush expanses of Dupont Park and the scenic beauty of Hillcrest Garden, making it perfect for outdoor enthusiasts. For the active nature lovers, the proximity to the George Washington Carver Nature Trail offers a tranquil escape into the area's natural beauty. The Anacostia Neighborhood Library, with its wealth of resources and community programs, is also nearby.

Whether you're an investor aiming to expand your portfolio or seeking a multifamily property with strong income potential, this apartment building provides an unparalleled opportunity. Don't miss the chance to own and add a valuable asset to your portfolio in the vibrant DC market!

Location

State DC

County Washington

Zoning R-5

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5729/W/0006

Ownership Fee Simple

Special Listing Condition Standard

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Kornelia Stuphan

Kornelia Stuphan

+1(202) 669-5555

Team Lead | License ID: SP98368238

Team Lead License ID: SP98368238

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