Skip To Content

150 Upsal Street SE

WASHINGTON, DC 20032
  • $480,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: DCDC2131822
$480,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,692
    SQFT
  • $284
    $/SQFT
Type:
Multi-Family
Built:
1941
County:

School Information

Elementary School:
Middle School:
High School:

Description

Seize a prime cash-flow and further development opportunity in the flourishing Congress Heights neighborhood! Property is being offered with 2 long-term tenants conveying at $4,300 monthly rental income & an annual net operating income of $40,275 (8.3% cap rate). The seller had initiated plans of enhancing the property by expanding the rear of the house, with plans readily available for review or simply keep the property in its current condition. Ideally situated within walking distance to the Congress Heights Metro station, this property is perfectly positioned for comfort and convenience for cash flow and/or use as your own personal residence. This opportunity represents a strategic investment in a rapidly developing area, offering both immediate returns and long-term growth potential.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-22T18:06:47.273.
us.psrhomesearch.com/homes/148431479
Print Image

150 Upsal Street SE WASHINGTON, DC 20032

  • Price: $480,000
  • Status: Active
  • On Site: 44 Days
  • ID#: DCDC2131822
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1,692
SQFT
$284
$/SQFT
1941
Built
County:
Washington
Elementary School:
Simon
Middle School:
Hart
High School:
Ballou Senior
School District:
District Of Columbia Public Schools
Property Description
Seize a prime cash-flow and further development opportunity in the flourishing Congress Heights neighborhood! Property is being offered with 2 long-term tenants conveying at $4,300 monthly rental income & an annual net operating income of $40,275 (8.3% cap rate). The seller had initiated plans of enhancing the property by expanding the rear of the house, with plans readily available for review or simply keep the property in its current condition. Ideally situated within walking distance to the Congress Heights Metro station, this property is perfectly positioned for comfort and convenience for cash flow and/or use as your own personal residence. This opportunity represents a strategic investment in a rapidly developing area, offering both immediate returns and long-term growth potential.
Exterior Features

Architectural Style Colonial Construction Materials Brick Exterior Features Sidewalks Garage YN No Lot Features Rear Yard Parking Types On Street Pool No Pool Property Condition Good Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1104 Appliances Built-In MicrowaveDishwasherDisposalExhaust FanOven/Range - GasRange HoodRefrigeratorStoveWasher/Dryer StackedWater Heater Basement Outside EntrancePartially FinishedRough Bath PlumbSide Entrance Basement YN Yes Below Grade Finished Area 588 Below Grade Unfinished Area 184 Cooling Central A/C Fireplace YN No Flooring WoodCeramic Tile Heating Forced Air Heating YN Yes Interior Features 2nd KitchenFloor Plan - OpenKitchen - GalleyKitchen - IslandSound SystemUpgraded CountertopsWhirlPool/HotTubWindow TreatmentsWood Floors Rooms Total 4 Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 2 Units Furnished None

Property Features

Acceptable Financing CashConventionalNegotiable Accessibility Features None Central Air YN Yes Cooling Fuel Natural GasElectric Cross Street 4th St.SE Existing Lease Type Long Term Foundation Details PermanentOther Gross Income 51600.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Insurance Expense 941.00 Navigable Water YN N Net Operating Income 45100.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 6500.00 Operating Expense Includes InsuranceCable TV Original MLSNumber 802913154602 Owner Pays GasInsuranceLawn/Shrub CareRepairsSewerTaxes - Real EstateWater Ownership Interest Fee Simple Pool Expense 0.00 Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 1175.00 Tax Lot 5 Total Actual Rent 51600.00 Transportation Airport less than 10 milesBus Stop less than 1 mileMetro/Subway Station less than 1 mileCommuter Rail Station 1 to 5 miles Trash Expense 0.00 Vacation Rental YN No Water Source Public Year Built Effective 2016 Zoning R2

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-22T18:06:47.273.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_2_802913154602-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_2_802913154602-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_2_802913154602-2.jpg
Logo
Pearson Smith Realty
43777 Central Station Drive, Suite 390
Ashburn VA, 20147