$1,300,000 Price Analysis   ♡   Hyattsville, MD 20781 12 bed None bath 3,870 SqFt ($335/SqFt) 0.28 acre lot. Built 1935 Listed 2024-07-08, Taxes $8,872 | Ⓧ USDA Ineligible due to price & location near Hyattsville |
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 propertys appeal is further enhanced by nearby public transportation options, including a bus stop (86 and 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 ttractive 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.
Presented by Ari Firoozabadi at
Greysteel Company Llc.
Property MLS #MDPG2118888 from BrightMLS
Heating Features: Central
Heating: Yes
Lot Size Square Feet: 12000
Parking Features: Off Street
Parking Total: 4
Number of 3 Bedroom Units: 4
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: PRINCE GEORGES
Source Property Type: Multi-Family
Area: PRINCE GEORGES
Source Neighborhood: HYATTSVILLE
Postal Code Plus 4: 1401
Subdivision: HYATTSVILLE
Township: Hyattsville
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $unknown + $unknown $432,000 | $8,872 |
| 2023 | $unknown + $unknown $436,500 | $8,872 |
| 2021 | $187,500 + $240,000 $427,500 | $8,609 |
| 2020 | $unknown + $unknown $422,167 | $8,508 |
| 2019 | $unknown + $unknown $416,833 | $8,433 |
| 2018 | $171,500 + $240,000 $411,500 | $8,353 |
| 2017 | $unknown + $unknown $410,033 | $8,340 |
| 2016 | $unknown + $unknown $408,567 | $8,324 |
| 2015 | $167,100 + $240,000 $407,100 | $8,303 |
| 2014 | $167,100 + $240,000 $407,100 | $8,067 |
| 2013 | $unknown + $unknown $407,100 | $8,026 |
| 2012 | $unknown + $unknown $657,800 | $12,657 |
| 2010 | $unknown + $unknown $650,167 | $12,292 |
| 2009 | $unknown + $unknown $634,900 | $12,156 |
| 2009 | $unknown + $unknown $642,533 | $12,156 |
| 2008 | $unknown + $unknown $634,900 | $9,713 |
$1,300,000
BrightMLS
Sold 2022-06-06
$900,000
Public Record
Sold 2011-07-27
$290,000
Public Record
Sold 2001-05-30
$245,000
Public Record
Sold 1990-02-27
$190,000
Public Record
Sold 1980-08-20
$80,000
Public Record
Year Built: 1935
Construction Materials: Brick
Property Age: 89
Structure Type: Detached
House Style: Traditional
Total Below Grade Area: 1935
Architectural Style: Detached
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.