Exceptional opportunity to own a fully occupied four-unit multifamily property in the heart of the Historic Mount Rainier Arts District. Whether you're an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this well-maintained property offers outstanding versatility and long-term potential. The building… Read More features a desirable unit mix of one 2-bedroom apartment, two 1-bedroom apartments, and one studio, generating over $64,000 in annual gross rental income. One purchaser may choose to occupy a unit while benefiting from income generated by the remaining apartments. Pride of ownership is evident throughout with numerous recent improvements, including a brand-new boiler, brand-new water heater, updated roof, replacement windows, upgraded electrical system, fresh exterior paint, freshly painted interiors in selected units, and new luxury vinyl plank flooring in Unit 1. Tenants enjoy the property's unique character and inviting outdoor spaces, including welcoming front and rear porches, a private backyard, artistic mosaic details, shared laundry, a detached two-car garage, and a separate workshop that offers excellent storage or creative studio space. The attractive setting has helped foster stable, long-term tenancy. Ideally located just minutes from Washington, DC, major commuter routes, Metro bus service, shopping, restaurants, parks, and everyday conveniences, this turnkey investment combines historic charm with modern updates in one of Prince George's County's most vibrant and growing communities. Read Less
Courtesy of Lily Y. Chang, Samson Properties 240-630-8689
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Square Ft.
2,430
Lot Size
0.15 Acres
Year Built
1913
MLS Number
MDPG2212194
Additional Details
Property Access
Road Surface: Black Top
Building
Built in 1913, Built in 2026 (effective), Living area: 2430, Construction Materials: Frame
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