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18
Map
$599,000
●
Multifamily -
For Sale
249 NEWCOMB ST SE
WASHINGTON, DC 20032
Studio
0 Bath
$2,942
Estimated Monthly
$0
HOA / Fees
About This Property
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.
Unit Size
-
Days on Market
139 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$326
HOA Dues
-
Year Built
1943
Listed By
Last updated: 4 months ago (Bright MLS #DCDC2121250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Listed by Keller Williams Capital Properties | $599,000 | |
| Listed by Keller Williams Capital Properties | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Living Area Square Feet Source: Assessor
Basement Information
Has Basement
Unfinished
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Other
Other Structures: Above Grade, Below Grade
Structure Type: Twin/Semi-Detached
Construction Materials: Brick
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $520,570
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $3,907
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $520,570
Tax Year: 2022
Tax Annual Amount: $3,907
Year Assessed: 2022
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
249 NEWCOMB ST SE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
4
Beds
3
Baths
1,610 ft²
$360/ft²
$579,890
Jun 24, 2022
$579,890
Jun 22, 2022
$150/mo
House
4
Beds
3
Baths
1,008 ft²
$476/ft²
$480,000
Apr 28, 2023
$480,000
Jun 16, 2023
-
House
3
Beds
4
Baths
1,594 ft²
$345/ft²
$550,000
May 19, 2023
$550,000
Jul 28, 2023
-
House
3
Beds
4
Baths
1,810 ft²
$323/ft²
$585,000
Jul 12, 2020
$585,000
Sep 23, 2020
-
Townhouse
4
Beds
3
Baths
1,600 ft²
$371/ft²
$593,135
Sep 29, 2022
$593,135
Aug 22, 2022
$150/mo
House
4
Beds
3
Baths
1,809 ft²
$307/ft²
$555,000
May 4, 2023
$555,000
Aug 4, 2023
-
Active
Multifamily
Stu
-
2,720 ft²
$248/ft²
$675,000
Oct 9, 2023
-
$449/mo
House
4
Beds
2
Baths
1,986 ft²
$302/ft²
$599,900
Oct 30, 2023
-
-
In Contract
House
3
Beds
4
Baths
2,052 ft²
$266/ft²
$545,000
Nov 25, 2022
-
-
Active
Townhouse
3
Beds
3
Baths
1,500 ft²
$389/ft²
$582,900
Jan 5, 2024
-
$150/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/19/2023
|
|
Studio
|
-
|
3480 ft²
|
$675,000
Studio
-
3480 ft²
|
-
-
|
-
|
Edwin Scott
Fairfax Realty Elite
|
Building Info
249 Newcomb Street Southeast
249 Newcomb Street Southeast, Washington, DC 20032
- 1 Unit for Sale
About Southeast Washington
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Nearby Rentals
$2,450 /mo
- 3 Beds
- 2 Baths
- 1,224 ft²
$2,600 /mo
- 4 Beds
- 2 Baths
- 3,861 ft²
Listed by: Tom Kavanagh
Keller Williams Capital Properties
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# DCDC2121250
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Keller Williams Capital Properties
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# DCDC2121250
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
