Listing
$400,000
Original list price: $475,000
249 Ne••••• St SE (Sign up for 50 free credits to unlock)Washington, DC 20032
Property Description
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!
Property Facts & Features
- Property Type
- Multi Family
- Status
- Closed
- Listed
- Dec 13, 2023
- Sold
- Aug 27, 2026
- List Price
- $475,000
- Price per Sq Ft
- $115/sqft
- ZIP Code
- 20032
- Parking
- On Street
- Heating
- Hot Water
- Cooling
- Window Unit(S)
- Construction
- Brick
- Style
- Colonial
- Property Tax (2026)
- $15,976/yr
- Assessed Value
- $546,200
- Neighborhood
- Southeast Washington
- County
- District of Columbia
- School District
- District Of Columbia Public Schools
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Lot Size Acres: 0.1342746
- Lot Size Square Feet: 5849
Multi-Unit Info
- Number of Units: 4
- Number of 1 Bedroom Units: 4
- Number of 2 Bedroom Units: 0
- Number of 3 Bedroom Units: 0
Garage and Parking
- Parking Features: On Street
School Information
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Hot Water
- Heating: Yes
Other Property Info
- Annual Tax Amount: 4616
- Source Listing Status: Closed
- County: WASHINGTON
- Disclaimer: Standard
- Ownership: Fee Simple
- Postal Code Plus 4: 1712
- Property Subtype: Quadruplex
Building and Construction
- Total Square Feet Living: 3480
- Year Built: 1943
- Above Grade Finished Area: 3480
- BelowGradeFinishedArea: 0
- Below Grade Unfinished Area: 340
- Construction Materials: Brick
- Property Age: 83
- Structure Type: Twin/Semi-Detached
- Total Area Sqft: 3820
- Total Below Grade Area: 340
- Architectural Style: Colonial
Location
Lat 38.84850 · Lng -77.00416