Exceptional location directly across the street from the University of Maryland! This spacious 6-bedroom, 2-bath University Hills home offers a rare combination of comfortable single-family living and proven investment potential. The home features a highly flexible two-level layout. The main level offers 3 bedrooms, a full bath, kitchen, living/dining area… Read More and laundry. The fully finished lower level provides another 3 bedrooms, full bath, kitchen, living/dining area, laundry and separate exterior entrance - ideal for a large household, multigenerational living or future rental strategy. Extensively renovated in 2016 with required county permits, improvements included a heavy-up electrical system, new plumbing throughout, HVAC and ductwork, water heater, windows, finished lower level, exterior entrance, and renovations to the main-level kitchen and bath. Extensive exterior waterproofing and multiple sump pumps were also installed. Investors take notice: the property has a long history as a successful University of Maryland student rental and most recently generated approximately $5,300 per month in rental income. Its location directly across from campus makes this an especially compelling student-housing opportunity. For an owner-occupant, enjoy a substantial home with hardwood floors, fireplace, off-street parking and approximately 0.19 acres - while retaining the potential to convert it to an income-producing property in the future. A prime College Park location, extensive permitted renovations, flexible floor plan and proven rental history make this a property that works equally well as a home today or an investment for tomorrow. Read Less
Courtesy of Matias Escobar, Argent Realty,LLC 240-913-8110
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residential
Beds
6
Full Baths
2
Square Ft.
2,056
Lot Size
0.19 Acres
Year Built
1950
MLS Number
MDPG2221694
Additional Details
Appliances & Equipment
Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, ENERGY STAR Refrigerator, ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Range Hood, Stainless Steel Appliances, Washer - Front Loading, Water Heater
Basement
Fully Finished, Connecting Stairway, Outside Entrance, Sump Pump, Walkout Stairs, Water Proofing System, Windows
Building
Built in 1950, Built in 2016 (effective), Living area: 2056, Levels: 1, Construction Materials: Brick
Cooling
Central A/C
Accessibility Features
None
Exterior Features
Patio/Porch Features: Porch(es)
Fence
Rear
Fireplaces
1 fireplace, Screen
Foundation
Block
Heating
Forced Air
Interior Features
Combination Dining/Living, Wood Floors, Floor Plan - Traditional
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