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 propertyOriginal configuration: six 1-bedroom unitsTwo units have been combined into a renovated 2-bedroom unit2 vacant units ready to lease1 occupied unitOwner currently occupies the renovated 2-bedroom basement unit2 off-street parking spacesExcellent opportunity for an investor or owner-occupantPotential for increased rental income through lease-up of vacant unitsLocated near major Washington, DC development and transportation amenitiesSituated near the planned new Washington Commanders football stadium development, creating potential long-term neighborhood growth and investment appealWith 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.
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 propertyOriginal configuration: six 1-bedroom unitsTwo units have been combined into a renovated 2-bedroom unit2 vacant units ready to lease1 occupied unitOwner currently occupies the renovated 2-bedroom basement unit2 off-street parking spacesExcellent opportunity for an investor or owner-occupantPotential for increased rental income through lease-up of vacant unitsLocated near major Washington, DC development and transportation amenitiesSituated near the planned new Washington Commanders football stadium development, creating potential long-term neighborhood growth and investment appealWith 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.
Neighborhood
Type
Total Baths
County
Washington
Tax Amount
$3,020
Status
Active
Listing #
DCDC2278410
Built
1943
Lot Size
0.06
Listed on site
9 days
Listing Agent Id
121137043234