546 NEWCOMB STREET SE, WASHINGTON, DC 20032
546 NEWCOMB ST SE
$480,000
5 beds
2 full baths
1 half bath
2,236 Sq.Ft.
1936 BUILT
0.09 Acres LOT
OPPORTUNITY ZONE ALERT!! FOR SALE: HALF THE LOT AT 546 NEWCOMB ST SE (4000 sq ft) WITH A SOLID BRICK TWO-UNIT HOME WITH BASEMENT AND PARKING FOR UP TO 6 CARS! GREAT INVESTMENT OPPORTUNITY- JUST $10-20K WILL MAKE THIS A PROFITABLE TWO UNIT RENTAL PROPERTY! Weekend warriors, professional developers and everyone in between will see the value in this easily updated two-unit brick home. Currently configured as 5 beds/2.5 baths, but easily converted to two units-- small carpeted upstairs already has all plumbing for a kitchen, plus there are separate entrances from the exterior! Newer windows all the way around, brick is in great shape, and roof is too! Just blocks to the Mystics Arena, Oxon Run Park, Tennis, Pool, Arts/Culture Center and more, plus a 14 minute walk to Congress Heights Metro too! Buy this on its own or purchase with 542 Newcomb St SE, an extra 4000 sq ft lot, to build another home next door or to preserve the enormous double lot for a yard. Zoning allows 2 units per lot. Buyer and Seller to share in cost of subdivision if lots are not purchased together. Opportunity Zones allow DEFERMENT of any gain used to acquire the property until 2026 and EXEMPTION from new gain on this investment, if held for 10 years. Google "Opportunity Zone Overview Tax Policy Center" for more information.

Area & Lot

Status
Sold
Living Space
2,236 Sq.Ft.
Lot Size
0.09 Acres
MLS® ID
DCDC483698
Type
Residential
Year Built
1936
Architecture Styles
Other
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Interior

Bedrooms
5
Total Bathrooms
3
Full Bathrooms
2
Half Bathroom
1
Flooring
Wood
Other Interior Features
Wood Floors

Exterior

Water Source
Public
Roof
Shingle, Composite
Heat Type
Steam
Air Conditioning
None
Sewer
Public Septic
Substructure
Brick
Other Exterior Features
Above Grade, Below Grade

Financial

Sales Price
$480,000
Real Estate Tax
$2,132/yr
Zoning
R-3

Property Images

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