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 propertyâs 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.
Hyattsville is located in Maryland. Hyattsville, Maryland has a population of 18,225. Hyattsville is more family-centric than the surrounding county with 28.91% of the households containing married families with children. The county average for households married with children is 27.14%.
The median household income in Hyattsville, Maryland is $73,627. The median household income for the surrounding county is $78,607 compared to the national median of $57,652. The median age of people living in Hyattsville is 34.2 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 26.2 degrees. The average rainfall is approximately 43.2 inches per year, with 10.6 inches of snow per year.
