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… Read More 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! Read Less
Courtesy of Tom Kavanagh, Keller Williams Capital Properties [email protected]
Listing Snapshot
Days Online
539
Last Updated
Property Type
Twin Home
Square Ft.
3,480
Lot Size
0.13 Acres
Year Built
1943
MLS Number
DCDC2121250
30 Days Snapshot Of 20032
$223k
-26%
(avg) sold price
5
-16%
homes sold
37
-53%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished
Building
3,480 sqft living area, Built in 1943, Structure Type: Twin/Semi-Detached, 4 units in building, Colonial, Brick
Cooling
Electric, Window Unit(s)
Expenses
Insurance Expense: $1,300, Insurance
Floors
Hardwood
Heating
Natural Gas, Hot Water
Lot
5,849 sqft, 0.13 acres
Property
Other Structures: Above Grade, Below Grade, Soil Types: Unknown, 4 one-bedroom units
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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