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 and Unit 4 - $525.

StatusBackup
Added to RealtyWatchDecember 14, 2023 - 213 days ago
Listing Office Keller Williams Capital Properties, Tom J Kavanagh
MLS IDDCDC2121250

Schedule a Showing

Interior

  • Basement: Unfinished
  • 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

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.