249 NEWCOMB ST SE, Washington, DC 20032 - MLS#DCDC2121250

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Adam Ferst

[email protected] +1(202) 421-5500

$599,000

Est. payment - /mo

3,480 SqFt

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UPDATED:

10/12/2024 05:22 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $172

MLS Listing ID DCDC2121250

Style Colonial

Abv Grd Liv Area 3,480

Originating Board BRIGHT

Year Built 1943

Annual Tax Amount $4,425

Tax Year 2023

Lot Size 5,849 Sqft

Acres 0.13

Property 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

Location

State DC

County Washington

Zoning 023

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5999//0020

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Tom J Kavanagh • Keller Williams Capital Properties

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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