About 249 Newcomb St Se
Welcome to 249 Newcomb St. SE, an exceptional investment opportunity in Congress Heights. This four-unit building offers a multitude of benefits for both investors and first time home buyer. All four units are one bedroom and one bath with the potential to easily renovate to two bedroom and one bath units. Prospective investors will appreciate the solid rental history, with high occupancy rates and strong rental demand in the area. As units vacate and you upgrade to two bedroom units the rental income increase is significant. The consistently favorable cash flow and potential for future growth makes this property an enticing investment opportunity. Situated across from green space and blocks to the bustling St Elizabeth Campus. Don't miss out on this unique investment opportunity to live in one unit and collect income from three! Schedule your private showing now! Current rental rates : Unit 1 - $525, Unit 2 - $635 and Unit 4 - $525.
Features of 249 Newcomb St Se
| MLS® # | DCDC2121250 |
|---|---|
| Price | $599,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,480 |
| Acres | 0.13 |
| Year Built | 1943 |
| Type | Multi-Family |
| Sub-Type | Quad, Twin/Semi-Detached |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 249 Newcomb St Se |
|---|---|
| City | WASHINGTON |
| County | WASHINGTON-DC |
| State | DC |
| Zip Code | 20032 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Hot Water |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | Yes |
| Basement | Unfinished |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Foundation | Other |
School Information
| District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | December 14th, 2023 |
|---|---|
| Days on Market | 144 |
| Zoning | 023 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Listing Agent | Tom Kavanagh |
|---|---|
| Listing Office | Keller Williams Capital Properties |
| Listing Office Phone | 2022437700 |