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About This Home
This 0-bedroom, 0-bathroom residential multi family at 249 NEWCOMB Street SE in WASHINGTON, DC is listed for $550,000 ($158 per sqft). Built in 1943, the home offers 3,480 sqft of living space on a 0.13 acres lot.
The tenants made it tough, but we are finally, legally 100% vacant and ready to sell. 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!
Key Features
- Built in 1943
- 0.13 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
249 NEWCOMB Street SE
WASHINGTON, DC 20032
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 249 NEWCOMB Street SE is listed at $550,000 ($158/sqft). The estimated monthly payment is $2,383 based on 20% down at 6.5% interest.
Key features include: Built in 1943, 0.13 acre lot.
This property is listed by Tom J Kavanagh and can be reached at 7039668466 or tom@fulcrumpg.com.
