John Crisafulli
Office: 202.386.6330
Cell: 202.258.7036
224 Upshur St Nw, WASHINGTON
$849,900
0 Bed
0 Bath
2,224 Sqft
.04 Acre
2 Parking
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.
Essential Information
MLS® #DCDC2138600
Price$849,900
Bathrooms0.00
Square Footage2,224
Acres0.04
Year Built1921
TypeMulti-Family
StyleFederal
StatusActive
Sub-Type
Triplex, Interior Row/Townhouse
Community Information
Address224 Upshur St Nw
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20011
Amenities
Parking Spaces2
GaragesOther
Interior
HeatingHeat Pump(s)
CoolingNone
Exterior
ExteriorBrick and Siding
FoundationBrick/Mortar
School Information
MiddleRAYMOND EDUCATION CAMPUS
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
ZoningMU-3A
Condo Fees$0
HOA Fees$0
Listing Details
OfficeEngel & Volkers Washington, DC
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Listing information last updated on May 20th, 2024 at 5:30am EDT.
