150 UPSAL STREET SE

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Address: 150 UPSAL STREET SE, WASHINGTON, District of Columbia, US
Created date: April 18, 2024
Date last updated: April 18, 2024

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $480,000
No. of Units: 2
Year Built: 1941
Lot Size: 1,692.00 Sq ft
Opportunity Zone: No
Price per unit: $240,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 150 UPSAL STREET SE, WASHINGTON, DC 20032, USA
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