224 Upshur Street Nw

Washington, District Of Columbia 20011
Active / MLS #DCDC2138600 / Multiple Unit (2-4) / Petworth
Listing information updated 5/6/2024 at 6:41pm
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.

Full Features

Architecture Style:
Federal
Cooling System:
None
Heating System:
Heat Pump(s)
Pool:
No
Age:
103 Years
Parking Spaces:
2
Garage:
Garage
Water Front:
No
Square Feet:
2,224
Lot Size:
1800.00 Square Feet
Acreage:
0.04

Taxes & Assessments

Tax Amount:
$6,000
Tax Year:
2022

Location

Zip Code:
20011
City:
Washington
County:
Washington

Schools

School District(s):
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School:
N/A
Middle School:
Raymond Education Campus
High School:
N/A

Listing Office: Engel & Volkers Washington, DC

Listing Office Phone: 202.525.5236

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Map of 224 Upshur Street Nw, Washington, DC 20011

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224 Upshur Street Nw is a multiple unit (2-4) currently listed at $849,900. This multiple unit (2-4) has been listed on RLAH @properties since May 6th, 2024 and was built in 1921. Nearby schools include Raymond Education Campus.