Property
Washington, DC 20032 249 Newcomb Street SE
$599,000
13 more
Presented By: Keller Williams Capital Properties
Beds • 4
Home Details
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.
Presented By: Keller Williams Capital Properties
Interior Features for 249 Newcomb Street SE
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 249 Newcomb Street SE
AccessibilityNone
Architectural StyleColonial
Association Recreation FeeN
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
Days on Market157
DirectionsMalcolm X Blvd to Oakwood to Newcomb.
DisclosuresLead Based Paint - Federal, Lead Based Paint - State
Garage Y/NNo
HeatingHot Water
Insurance Expense1300.00
Legal SubdivisionCongress Heights
Lot Size Square Feet5849.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-10-03T11:48:48
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal4
NumberOfUnitsVacant1
One Bedroom Units Count4
Other StructuresAbove Grade, Below Grade
OwnerPaysWater, Sewer, Gas
Percent OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG172.13
Property SubTypeQuadruplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount4425.0
Tax Assessed Value520570.0
Tax Lot20
Tax Year2023
Total SQFT3820
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Two Bedroom0
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1943
Year Built SourceAssessor
Zoning023
Exterior for 249 Newcomb Street SE
Foundation DetailsOther
Land Assessed Value160560.00
Land Use Code
Lot Size Acres0.13
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Karina Gil
Associate