This stabilized 6-unit multi-family asset at 5501 Foote St NE offers a premier investment opportunity in the high-growth Deanwood corridor, currently operating at 66% occupancy with average rents of $1,725 and a consistent 12% year-over-year rental growth. The property features a resilient mix of market-rate and voucher-assisted units, providing immediate cash flow while offering the flexibility to either lease up the remaining vacant units as-is or renovate them to further maximize market rents. With a clear path to an estimated 9% Cap Rate upon full stabilization, this building is perfectly positioned to capture significant upside in one of DC’s most rapidly appreciating submarkets.
3,540 Sq Ft
2,614 Sq Ft Tamaño del lote
inversión
288 US$ Impuesto mensual
Creado en 1960
MLS/ID del anuncio DCDC2259728
4 Unidades
Brick Mortar
Refrigeración: aire acondicionado central
Construction - Masonry
Style - Traditional
Public Water
Public Sewer
Heating - Electric
COSTO MENSUAL TOTAL
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All information deemed reliable but not guaranteed. Last date updated: 05/30/2026.
Source: Bright Multiple Listing Service, Inc.
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