District of Columbia
Washington
2822 28TH ST SE

$1,500,000

2822 28TH ST SE, Washington, DC 20020

Multi-Family Home
Built in 1943
4,792sqft lot
—— car garage
$——/sqft
Listed 1 day ago

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!

Listing Status:: Active
Listing Office:: Compass : 2023866330
Listing Agent:: Kalonji Foreman : 2029108831
MLS ID:: DCDC2224826

A/C: None
Heating: Hot WaterNatural Gas
Disability Feature: None

General: Brick

Originating MLS: BRIGHT_MAIN
School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County: WASHINGTON-DC

Zoning: R-55729/W/0006

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Kalonji Foreman, Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Stanton Elementary School

2701 Naylor Rd SE, Washington, DC, 20020

Grades EE-5

0.26 miles away

Johnson Middle School

1400 Bruce Pl SE, Washington, DC, 20020

Grades 6-8

0.88 miles away

Anacostia High School

1601 16th St SE, Washington, DC, 20020

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.