Property
Beds
6
Full Baths
6
1/2 Baths
None
Year Built
1943
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
6
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Window Unit(s), Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street, On Street, Alley Access, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Lot Size(square feet)
2,500
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$899,000
-
Tax Amount
$3,020
-
Zoning
R-2 Residential: predominantly semi-detached houses on moderately sized lots; some detached dwellings.
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
808
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of Julie Visperas, Stonegate Realty Group, LLC
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Salesperson, Realtor
Kyle Colliflower
Call Kyle today to schedule a private showing.
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