249 Newcomb St SE , WASHINGTON, DC 20032
WASHINGTON, DC 20032
Description
Unit 3 and 4 are vacant. Unit 2 is vacating soon. Unit 1 would like to stay and pays on time every time. We can deliver the property vacant if necessary. All have signed TOPA and affidavits agreeing to the sale. 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! 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. Schedule your private showing now!
Details
| MLS# | DCDC2121250 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | ACTIVE UNDER CONTRACT-BRIGHT |
| Year | 1943 |
| Days On Site | 468 |
| Listing Provided By | Keller Williams Capital Properties | Tom J Kavanagh |
Features
| SQ Feet | 3,480 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | 023 |
| Acreage | 0.13 |
| Water Front | Yes |
Market Activity 20032
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20032 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (In 20032) | |
Price: $599,000 low | high Med: $325,000 SqFt: 3,480 low | high Med: 1,824 $ / SqFt: $172 low | high Med: $178 On site: 468 low | high Med: 1039.000000 | |
