249 NEWCOMB ST SE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20032
Key Details
Property Type Townhouse
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
Year Built 1943
Annual Tax Amount $4,616
Tax Year 2024
Lot Size 5,849 Sqft
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
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Flooring Hardwood
Exterior
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Special Listing Condition Standard