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Image 1 - 224 Upshur St Nw, Washington, District of Columbia, 20011 - House for sale
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Home For Sale In Washington, District Of Columbia
224 Upshur St Nw, Washington, District of Columbia, 20011

Home For Sale In Washington, District Of Columbia

house for sale
Listed: 05/09/24

224 Upshur St Nw, Washington, District of Columbia, 20011

3 Bed:
2,224 Sq Ft Living Area:
Save
Price
$ 849,900

About This House

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, these1BR/1BAand1BR/1.5BAunits 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, …  Full description

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Petworth Housing & Living

Household Income

Median household income: $85,203
Number of households: 287,476
The average household income in Washington, DC grew from $82,372 to $85,203 in the past year. This data is an estimate based upon 287,476 households in Washington, DC.
The chart below presents how household income is distributed in Washington, DC in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Washington, DC compared to median property taxes around the country. The prevalent amount of property taxes in Washington, DC equals $3k+ , which is more than the national average.