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Property view

413 Atlantic St Se, 
Washington, DC 20032

$705,000


15

Beds


Bath


4,725

Sq Ft


Multi-Family

Sold

Listed by

Abel M Gebremichael

Bought with Sold 100 Real Estate, Inc.

Keller Williams Capital Properties

MLS#

DCDC2159260

Source:

BRIGHTMLS

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About This Home

413 Atlantic St Se

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.

Home Facts

Multi-Family

15 Bedrooms

Built in 1943

Price Summary

699,900

$148 per Sq. Ft.

MLS #:

DCDC2159260

Sold:

October 31, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

15


Structure

Structure

Building Area:

4,725 Sq. Ft.

Year Built:

1943


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$699,900

Price per Sq. Ft:

$148 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS 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. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.