$ 399,900
-
$399,900
Price -
2
Bed -
3
Bath -
2,222
SqFt
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About the Listing KWCP1 - 3109753
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.
Listing Highlights
Status
Active With Contingency
Days on Site
77
Property Type
Multi-Family
MLS ®
DCDC2263310
Year Built
1947
Total Square Footage
2,222
Lot/Acreage
0.07
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 2
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2160
- Below Ground Sq Ft: 62
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-3
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,166
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
320 Atlantic St SE Washington, DC 20032
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