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3104 Bruce Pl SE
Washington, DC 20020 Congress Heights

$4,950,000 USD

Apartments For Sale • 56,358 SF

Property Details

Property Type Apartments
Total Building Size 56,358 SF
Lot Size 1.2 AC
Building Class C
Year Built 1965
Cap Rate 10.76 %
Zoning RA-1

70 Transit Score

60 Walk Score

                
                    Highlights
                
                                A 52-Unit Multifamily Property Totaling 27,007 Gross Square Feet Situated on a 1.2-Acre Parcel Zoned RA-1
                            
                                Diverse Unit Mix: 10 One-Bedroom, 38 Two-Bedroom, and 4 Three-Bedroom Apartments Offering Strong Tenant Appeal
                            
                                Currently 38% Occupied, Providing Significant Value-Add Potential Through Lease-Up and Strategic Renovations
                            
                                Projected Year 1 CAP Rate of 10.76% with Opportunity for Additional Return as Occupancy Stabilizes
                            
                                Located In the Anacostia Subdivision, an Area Undergoing Major Redevelopment and Public Investment

Property Flyers

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Financial Summary (Proforma)

Net Operating Income: $532,486 USD (2025)

Cap Rate:	10.76 %
Total Expenses:	$324,678 USD

Amenities

24 Hour Access
Air Conditioning
Balcony
Controlled Access
Tenant Controlled HVAC
Heating
Trash Pickup - Curbside
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Walk-In Closets
Yard
Bicycle Storage
Elevator
Public Transportation
Large Bedrooms
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	9 min	-	4.7 mi
Union Station (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail))	12 min	-	5.0 mi
Transit/Subway	Drive	Walk	Distance
Congress Heights (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail))	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Ronald Reagan Washington Ntl	18 min	-	8.8 mi
Baltimore/Washington International Thurgood Marshall	50 min	-	33.0 mi
Washington Dulles International	55 min	-	33.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes

Paul Senior 240-475-1138 Marcus & Millichap

3104 Bruce Pl SE Washington, DC 20020 Congress Heights