4208 Foote St NE, Washington, DC 20019-8015, United States

Listing details

Excellent opportunity to own a legally established six-unit multifamily property, corner building in Washington, DC, offering immediate rental potential and significant upside in a rapidly developing area. The property is legally configured as six 1-bedroom units. The owner has thoughtfully renovated and combined two of the units to create a spacious 2-bedroom residence, providing flexibility for an owner-occupant or an attractive rental option. Current occupancy includes two vacant units, one occupied unit, and an owner-occupied 2-bedroom basement unit. The vacant units provide an excellent opportunity for a new owner to renovate, lease, and increase the property's income-producing potential. Additional property highlights include: Legally established 6-unit multifamily property Original configuration: six 1-bedroom units Two units have been combined into a renovated 2-bedroom unit 2 vacant units ready to lease 1 occupied unit Owner currently occupies the renovated 2-bedroom basement unit 2 off-street parking spaces Excellent opportunity for an investor or owner-occupant Potential for increased rental income through lease-up of vacant units Located near major Washington, DC development and transportation amenities Situated near the planned new Washington Commanders football stadium development, creating potential long-term neighborhood growth and investment appeal With multiple units already in place, vacant units available for lease-up, parking, and a highly strategic location, 4208 Foote St NE presents a compelling opportunity for investors seeking both current income and future appreciation potential. Buyer should independently verify zoning, legal unit configuration, permits, occupancy, rental history, and all development plans with the appropriate District of Columbia agencies. Building sold in AS-IS condition.

Location