$599,000

249 Newcomb St SE Washington, DC 20032

Congress Heights Neighborhood

Estimated payment $3,729/month

Total Views 59,005
-- Bed
-- Bath
3,480 Sq Ft
$172 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Hot Water Heating System

About This Home

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 Agent

Tom Kavanagh

Keller Williams Capital Properties

Keller Williams Capital Properties

Co-Listing Agent

Shanteria Williams

Keller Williams Capital Properties License #SP40001064

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,616

Year Built

  • Built in 1943

Lot Details

  • 5,849 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wood Flooring
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 5999//0020

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Insurance Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,616

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-12-14
  • Year Built: 1943
  • Building Winterized: No
  • Remarks Public: 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!
  • Special Features: VirtualTour

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3820
  • Living Area Sq Ft: 3480
  • Price Per Sq Ft: 172.13
  • Above Grade Finished Sq Ft: 3480
  • Below Grade Sq Ft: 340
  • Total Below Grade Sq Ft: 340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 249

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5849.00
  • Property Condition: Average
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: 023
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Sewer, Gas
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4616.00
  • Assessor Parcel Number: 5999//0020
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 3480
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 For Sale $599,000 -- $172 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2121250

Bright MLS

APN: 5999 0020

District of Columbia District of Columbia County Washington 20032 Congress Heights

249 Newcomb St SE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 249 Newcomb St SE, Washington, DC 20032 and is currently priced at $599,000, approximately $172 per square foot. This property was built in 1943. 249 Newcomb St SE is a home located in District of Columbia with nearby schools including King Elementary School, Hart Middle School, and Ballou High School.

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Tom Kavanagh
Listing Agent
Tom Kavanagh
Section Image
Keller Williams Capital Properties
(703) 966-8466