District of Columbia
Washington
249 NEWCOMB STREET

$550,000

249 NEWCOMB STREET, Washington, DC 20032

3,480 sqft

Multi-Family Home
Built in 1943
5,663sqft lot
—— car garage
$158/sqft
Listed 1 year ago

Property 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!

Listing Status:: Active
Date Added:: April 2, 2025 at 05:00AM
Listing Office:: Keller Williams Capital Properties : 2022437700
Listing Agent:: Tom J Kavanagh : 7039668466
MLS ID:: DCDC2121250

Basement: Unfinished
Flooring: Hardwood
A/C: Window Unit(s)
Heating: YHot WaterNatural Gas
Disability Feature: None

This listing courtesy of Tom J Kavanagh, Keller Williams Capital Properties

Monthly Payment

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Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Martin Luther King Elementary School

3200 6th St SE, Washington, DC, 20032

Grades EE-5

0.53 miles away

Hart Middle School

601 Mississippi Ave SE, Washington, DC, 20032

Grades 6-8

0.85 miles away

Ballou Stay High School

3401 4th St SE, Washington, DC, 20032

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.