320 Atlantic St SE

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320 Atlantic St SE

Washington, DC 20032
Asking Price
$449K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Washington DC
  • Total asset price is set at four hundred forty-nine thousand dollars
  • Property features two separate units for residential leasing
  • Average investment cost per unit is two hundred twenty-four thousand dollars
  • Located in the 20032 zip code area of the District

What's Special

Investors seeking an entry-level multifamily asset in Washington DC will find this apartment building a practical addition to a portfolio. Positioned at 320 Atlantic St SE, the property comprises two units, providing a straightforward management profile within the District of Columbia. The asset is priced at $449,000, reflecting a per-unit cost of $224,500. This multifamily investment sits within a dense urban landscape, benefiting from proximity to the diverse economic centers and transit corridors that define the metro area. Given the regional demand for housing, this building serves as a stable vehicle for those looking to capitalize on residential rental income. The property configuration supports straightforward leasing operations in a competitive submarket. Prospective buyers can leverage this size and unit count to diversify holdings or establish a foothold in a capital city market known for consistent tenant demand and long-term appreciation potential.

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NOI
$80,000
Cap Rate
17.82%
DSCR
3.00
Strong
Cash-on-Cash
39.60%
Monthly Payment
$2,221.407
Annual Cash Flow
$53,343.116

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