Congress Heights Four-Unit
For Sale
$475,000
Pending
249 NEWCOMB SE STREET, Washington, DC 20032
Four-unit building in Congress Heights, potential for income generation.
Property Size3,480 SF
Days on Market992
Property Features for 249 NEWCOMB SE STREET
General Information
Standard status
Pending
Size
3,480 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,616
Building Details
Year Built
1943
Listing Agency:
Keller Williams Capital Properties
(703) 966-8466
Listed By:
Tom J Kavanagh
(703) 966-8466
Source:
Exitrealty
Added: Dec 9, 2023
Changed: Aug 25
Last Checked: Aug 26 at 7:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
Located in Congress Heights, this four-unit building at 249 Newcomb St SE presents an investment opportunity. The property is situated across from green space and blocks from the St Elizabeth Campus. Each of the four units features one bedroom and one bathroom, with the potential for renovation into two-bedroom, one-bathroom units. The property has a solid rental history, with high occupancy rates and strong rental demand in the area. Upgrading the units to two bedrooms could significantly increase rental income. The building is now 100% vacant and ready to sell.
Key Highlights
- 100% Vacant and Ready to Sell
- Four Units: Live in one and rent the other three
- Potential to renovate all units to two bedrooms and one bath
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building in Congress Heights, potential for income generation.
Where is this quadplex located?
The property is located at 249 NEWCOMB SE STREET Washington, DC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 100% Vacant and Ready to Sell; Four Units: Live in one and rent the other three; Potential to renovate all units to two bedrooms and one bath
