$ 550,000
-
$550,000
Price -
4
Bed - Bath
-
3,480
SqFt
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About the Listing KWCP1 - 58656,3332993
Unit 3 and 4 are vacant. Unit 2 is vacating soon. Unit 1 would like to stay and pays on time every time. We can deliver the property vacant if necessary. All have signed TOPA and affidavits agreeing to the sale. 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! 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. Schedule your private showing now!
Listing Highlights for 249 Newcomb St SE
Status
Active With Contingency
Days on Site
698
Property Type
Multi-Family
MLS ®
DCDC2121250
Year Built
1943
Total Square Footage
3,480
Lot/Acreage
0.13
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Hot Water
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft: 3480
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: 023
- Roof:
- Others: Average
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,616
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
249 Newcomb St SE Washington, DC 20032
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