Bought with Venus Weaver • Samson Properties
$405,000
$399,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
320 ATLANTIC ST SE Washington, DC 20032
2,222 SqFt
Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,222 sqft
Price per Sqft $182
MLS Listing ID DCDC2263310
Sold Date 07/30/26
Style Traditional
Abv Grd Liv Area 2,160
Year Built 1947
Annual Tax Amount $3,166
Tax Year 2025
Lot Size 3,125 Sqft
Acres 0.07
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
STABILIZED DUPLEX WITH ADMINISTRATIVE & PHYSICAL UPSIDE. Positioned for the savvy owner-occupant or investor, this semi-detached duplex offers a rare combination of significant size and immediate cash flow. The Upper Unit: Spanning two levels, this expansive 5-Bedroom/2-Bathroom unit is currently occupied and generating $2,377/month in guaranteed income through the Housing Choice Voucher Program. There is immediate room to request a rent increase through the "Rent Reasonableness" process to align the 5-bedroom footprint with current sub-market benchmarks, providing a clear path to increased gross rent without additional capital expenditure.
THE LOWER UNIT: Recently updated and currently vacant, the lower-level 2-Bedroom unit features a fresh, neutral palette, a modern kitchen with white cabinetry, and new carpet. This unit is perfectly suited for an owner-occupant looking to house-hack or for an investor to place a new tenant at current market rates. Strategic Advantage: With one unit already stabilized and the other offering a "blank canvas," this property minimizes acquisition risk while offering two distinct paths to value-add appreciation.
Location
State DC
County Washington
Zoning R-3
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 2160
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6153//0003
Ownership Fee Simple
SqFt Source 2222
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION





