224 Upshur Street Northwest

224 Upshur Street Northwest

Washington, DC 20011

$849,900
Price
—
Beds
2,224 Sq. Ft.
$382 / Sq. Ft.
2,224
Sq. Ft.
$382
per Sq. Ft.
a front view of a building with street view
a front view of a building with street view
a view of a house with iron fence
a balcony with street view
a view of kitchen with wooden floor and electronic appliances
a kitchen with granite countertop stainless steel appliances a sink and a refrigerator
a view of city from a balcony
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a view of empty room with wooden floor
a bathroom with a sink a toilet and a mirror
an empty room with wooden floor cabinet and windows
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor and fan
an empty room with wooden floor chandelier fan and windows
wooden floor in an empty room with a window
an empty room with wooden floor fan and windows
a kitchen with stainless steel appliances kitchen island granite countertop a stove a sink and a refrigerator
a kitchen with stainless steel appliances a refrigerator a stove a sink and white cabinets
an empty room with wooden floor and ceiling fan
a bathroom with a sink and a mirror
a bathroom with a sink toilet and shower
an empty room with wooden floor and a ceiling fan
a view of an empty room with wooden floor
a view of an empty room with wooden floor and closet area
a bathroom with a shower
a view of a kitchen with a sink and cabinets
a kitchen with a refrigerator a stove top oven and cabinets
a white refrigerator freezer sitting in a kitchen
an empty room with white walls and tiles
a bathroom with a sink and a bathtub
a view of an empty room
a view of an empty room and window
a view of an empty room with a window
a view of a house with a snow in front of house
a view of a house with a tree in the background
a building with a outdoor space

Description

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...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.
  1. Listed by Philip C DiRuggiero • Engel & Volkers Washington, DC
    P: 2027252250 phil.diruggiero@engelvoelkers.com
  2. Listed by Nicolas Ross Makris • Engel & Volkers Washington, DC
    P: 7037279382 nic.makris@engelvoelkers.com

Property Details for 224 Upshur Street Northwest

Tax ID Number
3316//0075
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
Yes
Cross Street
3rd
Legal Subdivision
Petworth

Location

Listing Courtesy of Engel & Volkers Washington, DC
Add your commute
LISTING UPDATED: 05/06/2024 07:21 PM

Property Details for 224 Upshur Street Northwest

StatusActive
MLS #DCDC2138600
Days on Market14
Taxes$6,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1921
Lot Size0.04 AC / 1,800 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Engel & Volkers Washington, DC
Add your commute

Building Information for 224 Upshur Street Northwest

Stories-Residences3Year Built1921Building Size-Lot Size0.04 AC / 1,800 SF

Payment Calculator

$5,138 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,638

Property Taxes

$500

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 224 Upshur Street Northwest

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: 3rd Party
  • Middle Or Junior School: RAYMOND EDUCATION CAMPUS (WASHINGTON DC)
  • MiddleSchoolSource: 3rd Party
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $756,870
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $300,880
  • City Town Tax: $6,000
  • Land Assessed Value: $455,990
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Historic: No
  • Zoning: MU-3A
  • Tax Lot: 75
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Repairs, Sewer, Taxes - Real Estate, Water, Gas, Heat
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $11,491
  • Operating Expense Includes: Insurance
  • Insurance Expense: $2,219
  • Maintenance Expense: $2,000
Financial Information
  • Gross Income: $62,340
  • Net Operating Income: $48,849
  • Annual Rental Income: $61,740
  • Income Includes: Laundry, Apartment Rentals
  • Cap Rate: 5.75
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2019
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Urban Land-Sassafras-Chillum
  • Parcel ID: 16059723
Parking
Parking
  • Type Of Parking: Detached Garage
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Other
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.GreenLineRE.com

Property History for 224 Upshur Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 224 Upshur Street Northwest

Taxable ValueLand$455,990Additions$300,880Total$756,870
Tax Record2023$6,528 ($544 / month)
Home Facts
Beds3Baths3Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStories2Lot Size1,800 SqFtStyleCondominiumYear Built1921ZoningMU-3ACountyDISTRICT OF COLUMBIAAPN3316 0075

Schools near 224 Upshur Street Northwest

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Bruce-Monroe Elementary School @ Park View
Public - PK to 5
MacFarland Middle School
Public - 6 to 8
Roosevelt High School @ MacFarland
Public - 9 to 12
Roosevelt STAY High School @ MacFarland
Public - 9 to 12
Rating
School
Distance
Bruce-Monroe Elementary School @ Park View
PublicPK to 5

MacFarland Middle School
Public6 to 8

Roosevelt High School @ MacFarland
Public9 to 12

Roosevelt STAY High School @ MacFarland
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 224 Upshur Street Northwest, Washington, DC 20011

224 Upshur Street Northwest is a multi-family home for sale in Washington, DC 20011. This property was listed for sale on May 6, 2024 by Engel & Volkers Washington, DC, it's currently listed at $849,900. It has been on the market for a total of 14 days and was last sold on July 19, 2016. This listing's school district is District Of Columbia Public Schools. Nearby schools include Bruce-Monroe Elementary School @ Park View, MacFarland Middle School and Roosevelt High School @ MacFarland. 224 Upshur Street Northwest is a 0-bed, 0-bath, 2,224 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers Washington, DC

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/06/2024 07:21 PM