1 of 37
Tools
Size
3
Bedrooms
2,224 Sq Ft.
interior
Financial
$849,900
Change Currency
$382
Price Per Sqft
Listing Details
Triplex
Property type
1921
Year Built
11386359
Web Id
DCDC2138600
MLS ID
13
Days Posted
Description
224 Upshur St NW, Washington, DC 20011
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.
This is an Active listing.
Broker Office Phone Number: 202-525-5236
Copyright © 2024Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 202-525-5236
Copyright © 2024Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
date | Price | variance | type |
---|---|---|---|
5/7/2024 | $849,900 | - | Listed |
Listing By: Engel & Völkers Washington DC via Data Source: Engel & V??rs
listing agent: Philip DiRuggiero