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.
Off market
$635,600
546 Newcomb St SE, Washington, DC 20032
5beds
2,236sqft
SingleFamily
Built in 1936
3,998 sqft lot
$635,600 Zestimate®
$284/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- None
Features
- Wood Floors
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,236 sqft
- Finished area below ground: 700
Property
Features
- Exterior features: Brick
Lot
- Size: 3,998 sqft
Details
- Parcel number: 59840804
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
Materials
- brick
- Roof: Composition
Condition
- Year built: 1936
Community & neighborhood
Location
- Region: Washington
Other
Other facts
- HeatingYN: true
- StructureType: Detached
- ConstructionMaterials: Brick
- StoriesTotal: 2
- SpecialListingConditions: Standard
- ArchitecturalStyle: Other
- Heating: Steam
- BelowGradeFinishedArea: 700
- ParkingFeatures: Off Site
- InteriorFeatures: Wood Floors
- MlsStatus: Pending
- TaxAnnualAmount: 2132.0
Services availability

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