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5501 FOOTE ST NE
Washington, DC 20019
Quick Facts
- Area:3540sq ft
- Style:Traditional
- Year Built:1960
- Lot Size:0.06 acres
Description:
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.
| Status | Active |
| Added to RealtyWatch | May 4, 2026 - 68 days ago |
| Listing Office | Fairfax Realty of Tysons, Santiago Noguera |
| MLS ID | DCDC2259728 |
Schedule a Showing
Interior
- A/C: Central A/C
- Heating: true, Central, Electric
- Disability Feature: None
Exterior
- General: Above Grade
- Style: Traditional
Construction
- General: Masonry, Brick/Mortar
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: R2, 5225//0020
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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