4208 Foote Street Northeast

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.

This apartment's rent is 2.85% more expensive than the median rent of $1,441 for a 1-bedroom apartment in Benning, Washington, DC.

The median is solely based on the area and the number of bedrooms. Listing-specific characteristics such as the number of bathrooms and the amenities will also impact the price.

The apartment is a unit offered at a monthly price of $1,482. The person posting the listing did not specify that any pets were allowed. It may be the case that pets are ok and the manager simply has not yet filled out all the details.

We have 24 photos of this particular unit, building, and surrounding areas.

See available units at 4208 Foote Street Northeast.

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