249 Newcomb St Se, WASHINGTON

$599,000

0 Bed
0 Bath
3,480 Sqft
.13 Acre
0 Parking

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.

Essential Information
MLS® #DCDC2121250
Price$599,000
Bathrooms0.00
Square Footage3,480
Acres0.13
Year Built1943
TypeMulti-Family
Sub-TypeQuad, Twin/Semi-Detached
StyleColonial
StatusActive
Community Information
Address249 Newcomb St Se
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20032
Interior
HeatingHot Water
CoolingWindow Unit(s)
Has BasementYes
BasementUnfinished
Exterior
ExteriorBrick and Siding
FoundationOther
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
Zoning023
Condo Fees$0
HOA Fees$0
Office

Keller Williams Capital Properties

Property History
Status Changed from Coming Soon to Active
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Listing information last updated on April 27th, 2024 at 7:15pm EDT.