22 Danbury St SE

22 Danbury Street Southeast Washington, DC 20032

Washington
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$690,000
Last Verified:
Nov 25, 2024

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Description

ONE Street Commercial Properties is excited to introduce a remarkable chance to acquire a 4 Unit Multifamily in the heart of SE, Washington, DC.

Introducing an exceptional investment opportunity in the Washington area - a 2,540 SF Low-Rise/Garden multifamily building! This well-maintained property, built in 1943, features 4 units, offering a prime opportunity for a prospective Multifamily investor. Zoned RA-1, this property presents a favorable investment climate and the potential for attractive returns. With its convenient location, this multifamily building is poised to deliver both value and rental income in a prime Washington location. Investors seeking a solid addition to their multifamily portfolio will find this property to be an excellent prospect.

22 Danbury St, SE Washington, DC 20032 is part of a unique neighborhood perfectly located in the DMV area. Nestled in the vibrant community of Congress Heights, the property enjoys a strategic location that combines urban convenience with neighborhood charm. The property is placed in-between major military bases including JBAB and Andrew's Air Force Base as well as Amazon's new HQ2 making the location ideal for young professionals who are in need of a home for a short period of time.

Residents have easy access to city amenities while savoring the tranquility of tree-lined streets. This prime location ensures a dynamic living experience that strikes the perfect balance between city life and residential comfort.

Over recent years, rent prices in Southeast Washington, DC have undergone a significant and notable upwards trajectory. The demand for housing in this dynamic neighborhood has surged, leading to a pronounced increase in rental rates. As SE continues to evolve into a sought-after hub for urban living, the allure of its convenient location, coupled with a thriving community and proximity to city amenities, has driven this upward trend in prices. This surge reflects the areas growing popularity, and reinforces its status as an emerging hotspot for those who value accessibility and engaging in residential experience. Don't miss out on this exceptional investment opportunity. Contact us today for more information and to arrange a viewing.



Year Built: 1943
Building Size: 2540sq ft
Lot Size: 0.11 acres

Map of 22 Danbury Street Southeast, Washington, DC, 20032

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.