249 Newcomb Street Southeast
$599,000
—
3,480
3,480
$172
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...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
- Listed by Tom J Kavanagh • Keller Williams Capital PropertiesP: (703)-966-8466 tom@fulcrumpg.com
- Listed by Shanteria Keymira Williams • Keller Williams Capital PropertiesP: (912)-318-1119 shanteria@fulcrumpg.com
Property Details for 249 Newcomb Street Southeast
Tax ID Number
5999//0020
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date12-14-2023
Legal SubdivisionCongress Heights
LISTING UPDATED: 10/12/2024 01:22 PM
Property Details for 249 Newcomb Street Southeast
Status | Active |
---|---|
MLS # | DCDC2121250 |
Days on Market | 206 |
Taxes | $4,425 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1943 |
Lot Size | 0.13 AC / 5,849 SF |
County | District of Columbia |
Building Information for 249 Newcomb Street Southeast
Stories-Residences4Year Built1943Building Size-Lot Size0.13 AC / 5,849 SF
Property Information for 249 Newcomb Street Southeast
Property History for 249 Newcomb Street Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 249 Newcomb Street Southeast
Taxable ValueLand$165,230Additions$377,770Total$543,000
Tax Record2024$4,616 ($385 / month)
Home Facts
Baths4Total Finished SqFt3,480 SqFtAbove Grade Finished SqFt3,480 SqFtStories2Lot Size5,849 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943ZoningR-3CountyDISTRICT OF COLUMBIAAPN5999 0020
Schools near 249 Newcomb Street Southeast
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
King Elementary School PublicPK to 5 | ||
Hart Middle School Public6 to 8 | ||
Ballou High School Public9 to 12 | ||
Ballou STAY High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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