537 NEWCOMB ST SE, WASHINGTON, DC 20032

537 Newcomb St SE – $825,000

Description

537 Newcomb St SE

In 1890 Colonel Arthur E. Randle, a successful newspaper publisher decided to found a settlement east of the river which he called Congress Heights. Randle understood the Pennsylvania Ave bridge would bring rapid development east of the Anacostia River, and he successfully paved the way. Situated within moments from the metro, downtown DC and the beltway alike, this apartment building comprised of four two-bedroom apartments is primed for investor success with annual rents above 74k. Completely renovated in 2020, every unit features quartz countertops, brand new flooring, along with an in-unit washer/dryer. Excellent opportunity to start the decade with a solid investment, or a place to live while supplementing your mortgage. The property is vacant however virtual tours are offered at your convenience.

Property Details

Specifications
  • Year Built1940
  • Bedrooms8
  • Lot Size0.098 Acres
  • Living Space2800 Sq.Ft.
  • Real Estate Taxes$2,731 yearly
  • Sales Price$825,000
  • School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Amenities
  • Public
  • Electric Available
  • Fiber Optics Available
  • Cable TV Available
  • Natural Gas Available
  • Water Available
  • Public Septic
  • Public Sewer
  • Shingle
  • Yes - Community
  • Concrete Driveway
  • Washer In Unit
  • Dryer In Unit
  • Has Laundry
  • Central
  • None
  • Built-In Microwave
  • Central Vacuum
  • Dishwasher
  • Disposal
  • Dryer - Electric
  • Dryer - Front Loading
  • Energy Efficient Appliances
  • ENERGY STAR Refrigerator
  • ENERGY STAR Freezer
  • ENERGY STAR Dishwasher
  • Oven - Single

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