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… Read More 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. Read Less
Courtesy of Philip DiRuggiero, Engel & Volkers Washington, DC [email protected]
Listing Snapshot
Days Online
135
Last Updated
Property Type
Townhouse
Square Ft.
2,224
Lot Size
0.04 Acres
Year Built
1921
MLS Number
DCDC2138600
30 Days Snapshot Of 20011
$
+8%
(avg) sold price
30
-34%
homes sold
38
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,224 sqft living area, Built in 1921, Major renovation in 2019, Structure Type: Interior Row/Townhouse, 3 units in building, Federal, Brick
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