Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom other at 2822 28TH Street SE in WASHINGTON, DC is listed for $1,500,000. Built in 1943, on a 0.11 acres lot.
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!
Key Features
- Built in 1943
- 0.11 acre lot
- 3 parking spaces
Property Details
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2822 28TH Street SE
WASHINGTON, DC 20020
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom other at 2822 28TH Street SE is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 1943, 0.11 acre lot, 3 parking spaces.
This property is listed by Kalonji Foreman and can be reached at 2029108831 or kalonji@foremanpropertiesgroup.com.
