2822 28TH STREET SE

WASHINGTON, DC 20020

Introducing an exceptional 6-Unit investment opportunity in Washington, DC! Welcome to 2822 28th Street, SE a charming completely renovated vacant TOPA free multifamily, located in the sought-after area of Washington, DC. This well-maintained building, constructed in 1943, boasts a total of 4,856 square feet and sits on a land area of 4,481 square feet with 10 bedrooms and 6 bathrooms offering the savvy investor a lucrative opportunity with a projected cap rate of 8.11% within a market cap rate of 5%. This property presents a compelling opportunity for a new or seasoned investors seeking a stable return. 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 courtesy of Compass



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