413 Atlantic Street Southeast
$699,900
16
6
4,725
4,725
$148
Coming Soon
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.
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.
- Listed by Abel M Gebremichael • Keller Williams Capital PropertiesP: 2026010160 abel@coalitionpg.com
Property Details for 413 Atlantic Street Southeast
Tax ID Number
6166//0800
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleOther
WaterfrontNo
GarageNo
Expected On Market Date09-20-2024
Legal SubdivisionCongress Heights
LISTING UPDATED: 09/19/2024 10:36 AM
Property Details for 413 Atlantic Street Southeast
Status | Coming Soon |
---|---|
MLS # | DCDC2159260 |
Days on Market | - |
Taxes | $23,022 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1943 |
Lot Size | 0.13 AC / 5,500 SF |
County | District 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
Property History for 413 Atlantic Street Southeast
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.