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 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.
Listed By
Agency Name: Argent Realty,LLC
Agency Phone: 2409138110
Shown By
Agent Name: Bill Marvelis
Agent Phone: Cell: (667) 441-0584
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,977.47 per month $1,179.33 Principal & Interest $643.58 Property Tax $154.55 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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3417 Rutgers Street | MLS# MDPG2221694
This single family home located at 3417 Rutgers Street, Hyattsville, MD 20783 is currently listed for sale with an asking price of $529,900. This property was built in 1950 and has 6 bedrooms and 2 full baths with 2056 sq. ft. Rutgers Street is located in the UNIVERSITY HILLS subdivision within the PRINCE GEORGES COUNTY PUBLIC SCHOOLS school district. Search UNIVERSITY HILLS real estate on www.marvelishomes.com today.