$849,900
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224 Upshur Street NW Washington, DC 20011
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.04
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 s...pace, 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.
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MLS#
DCDC2138600
Property Type
Multi-Family
Year Built
1921
Price per Sq. Ft.
$536.55
Lot Size
0.04
Sewer
Public Sewer
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