The Excellence of living in Wrapche

2822 28TH STREET SE

WASHINGTON , DC 20020

MLS#: DCDC2224826

$1,500,000

Status: Active
Listing number: DCDC2224826
Listing provided by: Compass
Listing agent phone: None
Last update: 24 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

N/A

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!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Driveway

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.11

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,500,000

  • Tax Amount

    $6,310

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    6

  • Water Source

    Public

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Location

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Listing Courtesy of Kalonji Foreman , Compass

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Agent Rumpel Štilski

AGENT

Rumpel Štilski

Call Rumpel today to schedule a private showing.

(091) 384-5140

kornelije.josic+jk@init.hr


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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!

2822 28TH STREET SE

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