#DCDC2186248, Stuart L Reynolds, Listing Office: Reynolds Real Estate Co. LLC
249 Newcomb St SE Washington, DC 20032
Property details
About 249 Newcomb St SE
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!
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- MLS Number: DCDC2121250
- MLS Name: BRIGHT
- Office Name: Keller Williams Capital Properties
- Office Phone: (202) 243-7700
- Listing Agent: Tom J Kavanagh
- Agent Phone: (703) 966-8466
- Agent Email: tom@fulcrumpg.com
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Last updated on: 3/15/2025, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,000
249 Newcomb St SE
$7,113
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $520,570 | $4,520 |
2022 | $459,680 | $3,907 |
2021 | $412,450 | $3,505 |
2020 | $380,510 | $3,234 |
2019 | $334,030 | $2,839 |
2018 | $311,650 | $2,649 |
2017 | $306,310 | $2,603 |
History based on county public records data.
Nearby schools
3
Martin Luther King Elementary School
Public District EE-5
0.5 mi
•3200 6th St SE
3
Simon Elementary School
Public District EE-5
0.9 mi
•401 Mississippi Ave SE
5
Kipp Dc - Heights Academy Public Charter School
Public Charter 1-4
1.0 mi
•2600 Douglass Rd SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,893. Residents of Washington, DC typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 249 Newcomb St SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 3,480 square foot home, which was built in 1943, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 8, 2023 and is currently priced at $599,000.
While more than 93 listings in Washington, DC in February 2025 were sold above asking price, there were more than 106 listings sold at asking price, and more than 203 were sold below. In February 2025 in Washington, DC there were 17% more homes for sale than in January. In February 2025 median list price was $676,408 and the average listing age was 51 days.