RARE Opportunity to own this four-unit apartment building in the downtown Historic Hyattsville neighborhood. Surrounded by single-family homes valued at over $500k, the area showcases enduring appeal. Strategically positioned near the University of Maryland, College Park, the property benefits from a robust student population and steady rental demand.
Residents enjoy proximity to top-tier retail at Prince George's County Mall, including national chains like Giant, Target, and Staples. The property's appeal is further enhanced by nearby public transportation options, including a bus stop (86 & F4 bus) right in front and a nearby metro station, providing seamless connectivity throughout the D.C. metro area.
Currently vacant, this property offers an excellent investment opportunity for both first-time buyers and seasoned investors due to its significant long-term growth potential. Featuring four three-bedroom units, the property offers a strong unit mix that is highly attractive to investors. Recent significant renovations include upgraded electrical service (125-amp for each apartment), a new roof, a new camera system, and new windows. This investment opportunity promises strong growth potential in a highly sought-after neighborhood.