1 of 18
4 bdOther
Tools
Size
4
Bedrooms
5,849 Sq Ft.
interior
Financial
$599,000
Change Currency
$102
Price Per Sqft
$4,425
Annual taxes
Listing Details
Other
Property type
1943
Year Built
5334619
Web Id
2765648-DCDC2121250
MLS ID
298
Days Posted
Description
249 Newcomb St SE,
Washington,
DC
20032
Washington, DC 20032
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.
Price History
| date | price | variance | type |
|---|---|---|---|
| 9/20/2024 | $599,000 | - | Contract |
| 5/13/2024 | $599,000 | - | Contract |
| 12/13/2023 | $599,000 | - | - |
| 12/13/2023 | $599,000 | - | Listed |
Listing By: Keller Williams Capital Properties via Data Source: Bright MLS
listing agent: Tom Kavanagh
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