413 Atlantic Street Southeast

Washington, DC 20032

$699,900
Price
16
Beds
6
Baths
4,725 Sq. Ft.
$148 / Sq. Ft.
4,725
Sq. Ft.
$148
per Sq. Ft.

Description

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...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.
  1. Listed by Abel M Gebremichael • Keller Williams Capital Properties
    P: 2026010160 abel@coalitionpg.com

Property Details for 413 Atlantic Street Southeast

Tax ID Number
6166//0800
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Other
Waterfront
No
Garage
No
Expected On Market Date
09-20-2024
Legal Subdivision
Congress Heights
LISTING UPDATED: 09/19/2024 10:36 AM

Property Details for 413 Atlantic Street Southeast

StatusComing Soon
MLS #DCDC2159260
Days on Market-
Taxes$23,022 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1943
Lot Size0.13 AC / 5,500 SF
CountyDistrict of Columbia

Building Information for 413 Atlantic Street Southeast

Stories-Residences4Year Built1943Building Size-Lot Size0.13 AC / 5,500 SF

Property Information for 413 Atlantic Street Southeast

Location
Location
  • In City Limits: No
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $460,440
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $189,070
  • City Town Tax: $23,022
  • Land Assessed Value: $271,370
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-2
  • Tax Lot: 800
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 5
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 3
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 3
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 3
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 3
  • Full Baths Count: 1
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 4
  • Full Baths Count: 2
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16116103
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 413 Atlantic Street Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 413 Atlantic Street Southeast

Taxable ValueLand$271,370Additions$189,070Total$460,440
Tax Record2023$23,022 ($1,918 / month)
Home Facts
Total Finished SqFt3,325 SqFtAbove Grade Finished SqFt3,325 SqFtStories2Lot Size5,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943Year Renovated2020ZoningR-2CountyDISTRICT OF COLUMBIAAPN6166 0800

Schools near 413 Atlantic Street Southeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hendley Elementary School
PublicPK to 5

Hart Middle School
Public6 to 8

Ballou High School
Public9 to 12

Ballou STAY High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 09/19/2024 10:36 AM