Property

Washington, DC 20032 413 Atlantic Street SE

$699,900

413 Atlantic Street SE Washington, DC - Image 1413 Atlantic Street SE Washington, DC - Image 2413 Atlantic Street SE Washington, DC - Image 3
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Presented By: Keller Williams Capital Properties
  • MLS# DCDC2159260
  • 09/16/2024
  • Request Tour
  • Request Info
  • Beds • 15

Home Details

Investment Opportunity Entirely Vacant Multifamily Building! Situated at 413 Atlantic St SE, this completely vacant multifamily property boasts four expansive units with 3 bedrooms and 1 bathroom each, plus a basement unit offering 4 bedrooms and 2 bathrooms. In 2023, the building experienced a comprehensive interior renovation, which encompassed new finishes for unit interiors, enhancements to shared spaces, and the installation of new appliances, along with the replacement or repair of significant building systems. The latest appraisal values the property at $910,000, derived from an income approach based on $127,000 in annual gross rents and 32% operating expenses which leave a huge room for CASHFLOW Conveniently located near I-295 and South Capitol Street for easy commuting, the property is just minutes from the Congress Heights Metro Station (Green Line) and several bus lines.
Presented By: Keller Williams Capital Properties

Interior Features for 413 Atlantic Street SE

Bedrooms

Three Bedroom Units Count5

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3

General for 413 Atlantic Street SE

Acceptable FinancingCash, Conventional, FHA, VA
AccessibilityNone
Architectural StyleOther
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsPlease refer to Google maps or GPS.
Garage Y/NNo
HeatingForced Air
Legal SubdivisionCongress Heights
Lot Size Square Feet5500.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-10-08T14:30:48
New ConstructionNo
Number of Units Leased
NumberOfUnitsTotal4
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
Percent OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG148.13
Property SubTypeOther
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount23022.0
Tax Assessed Value460440.0
Tax Lot800
Tax Year2023
Total SQFT4725
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1943
Year Built SourceAssessor
ZoningR-2

Exterior for 413 Atlantic Street SE

Foundation DetailsOther
Land Assessed Value271370.00
Land Use Code
Lot Size Acres0.13
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Karina Gil

Associate
Price $699,900
MLS#DCDC2159260
List Date 09/16/2024
Property Type Multi-Family
Phone (973) 517-8104
Request Tour
Request Info
Visit My Website

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