413 Atlantic Street SE
Washington, DC 20032
- – beds
- – baths
- 4,725 sqft
- 5,500 sqft lot
- $149 per sqft
- 1943 build
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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.
Listing courtesy of BRIGHT / Keller Williams Capital Properties
Last checked:
Checking…
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Last updated Nov 1, 2024
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MLS# DCDC2159260 —
The Building
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Year Built:1943
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Levels:3
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Building Units Total:4
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Accessibility Features:None
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Foundation Details:Other
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4725
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Living Area SqFt:4,725 Sqft
Financial & Terms
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Sale Type:REO (Real Estate Owned)
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Acceptable Financing:Cash, Conventional, FHA, VA
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Buyer Financing:Other
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Possession:Negotiable
Location
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Directions:Please refer to Google maps or GPS.
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Latitude:38.83076000
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Longitude:-76.99986000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.13
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Lot Size Source:Assessor
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Lot SqFt:5,500 Sqft
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Zoning:R-2
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Soil Types:Unknown
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 601-0160
- Office phone:
- (202) 243-7700
Taxes
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Tax ID Number:6166//0800
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Tax Year:2023
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Tax Lot:800
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Tax Annual Amount:$23,022
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Tax Assessed Value:$460,440
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Year Assessed:2023
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City/Town Tax:23022.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
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Vacation Rental:No
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Three Bedroom Units:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/31/24
Oct 31, 2024
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Sold | BRIGHT | $705,000 | 0.7% |
10/16/24
Oct 16, 2024
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Sold Subject To Contingencies | BRIGHT | $699,900 | |
10/2/24
Oct 2, 2024
|
Listed / Active | BRIGHT | $699,900 |