$849,900
224 Upshur St Nw, Washington, DC, 20011
2,224
Square feet
0.04
Acres
Fantastic 3-unit investment opportunity. Fully updated and leased, but with flexibility for an owner-occupant or "house hack" investor with a low down payment FHA loan. One unit will free up this summer. Recently renovated, these 1BR/1BA & 1BR/1.5BA units each have their own floor and outdoor space, plus there is a 2-car garage and yard. The location on Upshur Street in Petworth is closet to Green/Yellow Line Metro, bus lines and driving access to North Capitol and just steps from local bars and restaurants like Slash Run, Hitching Post and Timber Pizza. Current NOI is $49K which puts it at a 5.75% CAP rate at list price. Perfect location with Petworth's best amenities within walking distance including green/yellow line metro, Slash Run, Timber Pizza, Cinder BBQ and the Petworth Farmer's Market, Street parking is easy and income from the 2-car garage can be further optimized. Showings will be accompanied and are available for those with significant interest and advance notice.
Facts & Features
MLS® # | DCDC2138600 |
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Price | $849,900 |
Bathrooms | 0.00 |
Square Footage | 2,224 |
Acres | 0.04 |
Year Built | 1921 |
Type | Multi-Family |
Sub-Type | Triplex, Interior Row/Townhouse |
Style | Federal |
Status | Active |
Community Information
Address | 224 Upshur St Nw |
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City | Washington |
County | WASHINGTON-DC |
State | DC |
Zip Code | 20011 |
Senior Community | No |
Amenities
# of Garages | 2 |
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Garages | Other |
Is Waterfront | No |
Interior
Heating | Heat Pump(s) |
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Cooling | None |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Brick and Siding |
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Foundation | Brick/Mortar |
School Information
District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
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Middle | RAYMOND EDUCATION CAMPUS |
Additional Information
Date Listed | May 6th, 2024 |
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Days on Market | 14 |
Zoning | MU-3A |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Engel & Volkers Washington, DC |
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