249 Newcomb Street Southeast

Washington, DC 20032

$599,000
Price
Beds
3,480 Sq. Ft.
$172 / Sq. Ft.
3,480
Sq. Ft.
$172
per Sq. Ft.

Description

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...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.
  1. Listed by Tom J Kavanagh • Keller Williams Capital Properties
    P: 2025738552 tom@fulcrumpg.com

Property Details for 249 Newcomb Street Southeast

Tax ID Number
5999//0020
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
12-14-2023
Legal Subdivision
Congress Heights

Location

Listing Courtesy of Keller Williams Capital Properties
Add your commute
LISTING UPDATED: 01/26/2024 11:44 AM

Property Details for 249 Newcomb Street Southeast

StatusActive
MLS #DCDC2121250
Days on Market144
Taxes$3,907 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1943
Lot Size0.13 AC / 5,849 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Keller Williams Capital Properties
Add your commute

Building Information for 249 Newcomb Street Southeast

Stories-Residences4Year Built1943Building Size-Lot Size0.13 AC / 5,849 SF

Payment Calculator

$3,595 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$326

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 249 Newcomb Street Southeast

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $520,570
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $360,010
  • City Town Tax: $3,907
  • Land Assessed Value: $160,560
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: 023
  • Tax Lot: 20
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer, Gas
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 3
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 3
Financial Information
Expenses
  • Operating Expense Includes: Insurance
  • Insurance Expense: $1,300
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,480.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16106209
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS
  • List Agent URL: www.capitolrealtyteam.com

Property History for 249 Newcomb Street Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 249 Newcomb Street Southeast

Taxable ValueLand$160,560Additions$360,010Total$520,570
Tax Record2023$4,520 ($377 / month)
Home Facts
Baths4Total Finished SqFt3,480 SqFtAbove Grade Finished SqFt3,480 SqFtStories2Lot Size5,849 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943ZoningR-3CountyDISTRICT OF COLUMBIAAPN5999 0020

Schools near 249 Newcomb Street Southeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
King Elementary School
PublicPK to 5

Hart Middle School
Public6 to 8

Ballou High School
Public9 to 12

Dorothy Heights
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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249 Newcomb Street Southeast is a multi-family home for sale in Washington, DC 20032. This property was listed for sale on December 14, 2023 by Keller Williams Capital Properties, it's currently listed at $599,000. This listing's school district is District Of Columbia Public Schools. Nearby schools include King Elementary School, Hart Middle School and Ballou High School. 249 Newcomb Street Southeast is a 0-bed, 0-bath, 3,480 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 01/26/2024 11:44 AM