CHARIS REALTY GROUP

2859 DENVER STREET SE

WASHINGTON, DC 20020

MLS#: DCDC2253442

$699,000

Status: Active
Listing number: DCDC2253442
Listing provided by: Samson Properties
Listing agent phone: None
Last update: 3 days ago
On site: 4 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1943

Sq.Footage

3,780

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Lot Size(square feet)

    4,560

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $699,000

  • Tax Amount

    $5,863

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    3,780

  • Price/SqFt

    $184

HOA

  • Association

    No

School District

  • Elementary School

    STANTON

  • Middle School

    KRAMER

  • High School

    ANACOSTIA SENIOR

Property Features

  • Stories

    2

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

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Location

County

WASHINGTON

Elementary School

STANTON

Middle School

KRAMER

High School

ANACOSTIA SENIOR

Listing Courtesy of Matt Naha, Samson Properties

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Agent Amy Barfield

AGENT

Amy Barfield

Call Amy today to schedule a private showing.

(814) 977-8504

amy@charisrealty.com


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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.

2859 DENVER STREET SE

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