StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 249 Newcomb St SE
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.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1943
Living Area: 3,480 SqFt
Listing Office:
Office Name: Keller Williams Capital Properties
Office Phone: (202) 243-7700
Listing Agent: Tom J Kavanagh
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: Window Unit(s)
School Info
Assigned Schools Information:
Ballou High School, Public District Grades 9-12
Hart Middle School, Public District Grades 6-8
Martin Luther King Elementary School, Public District Grades EE-5
Other
Directions Information:
Directions: Malcolm X Blvd to Oakwood to Newcomb.
Price Information
Listing Price Info
Price Summary:
List Price: $599,000
Price Per SqFt: $172/SqFt
Tax Information:
Annual Amount: $3,234
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $75.6K less than the Median Sold Price and $339/SqFt less than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2121250
Listing Office:
Office Name: Keller Williams Capital Properties
Office Phone: (202) 243-7700
Listing Agent: Tom J Kavanagh
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Martin Luther King Elementary School
3200 6th St SE
Distance between this listing and this school0.53 miles
Public District Grades EE-5
Middle School
4
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school0.84 miles
Public District Grades 6-8
High School
3
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school0.65 miles
Public District Grades 9-12
Assigned Schools
3
/10
Martin Luther King Elementary School
3200 6th St SE
Distance between this listing and this school0.53 miles
Public District Grades EE-5
Nearby Schools
3
/10
Simon Elementary School
401 Mississippi Ave SE
Distance between this listing and this school0.89 miles
Public District Grades EE-5
3
/10
Malcolm X Elementary School
1351 Alabama Ave SE
Distance between this listing and this school0.99 miles
Public District Grades EE-5
Assigned Schools
4
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school0.84 miles
Public District Grades 6-8
Nearby Schools
9
/10
Center City Congress Heights Campus Public Charter School
220 High View Placese
Distance between this listing and this school0.46 miles
Public Charter Grades PK-8
4
/10
Somerset Preparatory Academy Public Charter School
3301 Wheeler Rd SE
Distance between this listing and this school0.70 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school0.65 miles
Public District Grades 9-12
Nearby Schools
4
/10
Friendship Public Charter School Tech Preparatory
620 Milwaukee Placese
Distance between this listing and this school0.32 miles
Public Charter Grades 6-11
1
/10
Ballou Stay
3401 4th St SE
Distance between this listing and this school0.65 miles
The neighbors living near this home have an average income of $37,893. The majority of Washington, DC residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $599,000.
While more than 95 listings in Washington, DC in August 2024 were sold above asking price, there were more than 112 listings sold at asking price, and more than 229 were sold below. Between July 2024 and August 2024, Washington, DC real estate market has seen increase in the number of listings by 8.3%. In August 2024 median list price was $674,623 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.