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$480,000

Beds
4
Baths
4.5
sq ft
1,692

150 Upsal St SE, Washington, DC 20032

150 Upsal St SE

WASHINGTON, DC 20032

  • 121 days on market
Cash Cow! Seize a prime cash-flow and further development opportunity in the flourishing Congress Heights neighborhood! Property is being offered with 2 tenants conveying at $4,300 monthly rental income & an annual net operating income of $35,116 at a cap rate of 7.3%). 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. Perfect for hands-off investor looking for cash flow and appreciation in a vibrant neighborhood!

Details

Property type

Duplex

Est. home value

$522,632

Lot size

6,618 sq ft

Price per sq ft

$284

Year built

1941

Annual property taxes

$1,175

HOA

No

Price History

03/09/2024

Bright #DCDC2131884

Listed
$480,000

Schools & Community

Neighborhood: 

Congress Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

BALLOU SENIOR

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bpl Mortgage Trust Llc

Loan start date

November 2022

Original loan amount

$361,600

Est. remaining balance

Not provided

Interest rate

6.66%

Loan type

Commercial

Seller

Handyman Renovations Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/08/2024 at 5:35 PM

Listing updated: 07/05/2024 at 1:43 PM

Listed by: Marian I Huish, EXP Realty, LLC Phone #: (833) 335-7433

MLS: Bright #DCDC2131884

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