249 NEWCOMB STREET
Washington, DC 20032

$599,000 For Sale:
Quick Facts
  • Area:3480sq ft
  • Style:Colonial
  • Year Built:1943
  • Lot Size:0.13 acres

Description:

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

StatusActive
Added to RealtyWatchDecember 14, 2023 - 375 days ago
Listing Office Keller Williams Capital Properties, Tom J Kavanagh
MLS IDDCDC2121250

Schedule a Showing

Interior

  • Basement: Unfinished
  • Flooring: Hardwood
  • A/C: Window Unit(s)
  • Heating: Y, Hot Water, Natural Gas
  • Disability Feature: None

Exterior

  • General: Above Grade,Below Grade
  • Style: Colonial

Construction

  • General: Brick, Other

Location

  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON

Lot

  • Zoning: 023, 5999//0020
  • Current Use: 0

Utilities

  • Water: Public
  • Sewer: Public Sewer

Financial

  • Source: BRIGHT_MAIN

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