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320 Atlantic St SE, Washington, DC, 20032

7beds
3baths
2,222sqft
$449,000
$202price/sqft
$2,895/moest. monthly cost
$115,800/yrincome needed

About This Home

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.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

4/10
Simon Elementary SchoolGrades PK-50.3 mi
4/10
Hart Middle SchoolGrades 6-80.5 mi
3/10
Ballou High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 90

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Hot Water,Electric
  • Cooling features: None,Electric

Interior Area

  • Total structure area: 2,250
  • Total interior livable area: 2,222 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 6153//0003
  • Zoning: R-3
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 3,125 sqft
  • Features: Chillum-Urban Land Complex

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes