3108 Upshur St, Mount Rainier, MD 20712

$729,000
6
BD
4
BA
2,430
SqFt

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List Price
$729,000
MLS#
MDPG2212684
Year Built
1913
Status
COMING SOON
Type
Single Family Residential
Bedrooms
6
Baths All
4
Baths Full
4
Living Area
2,430
Total SqFt
2430
County
Prince Georges
Subdivision
Mt Rainier

Property Description

Excellent investment opportunity or owner-occupant opportunity in the heart of Historic Mount Rainier! This well-maintained four-unit multifamily property offers immediate rental income with significant long-term appreciation potential. The property currently generates approximately $64,200 in annual gross scheduled rental income, including seasonal utility reimbursement. The building includes one 2-bedroom apartment, two 1-bedroom apartments, and one studio apartment, with three tenants under one-year leases and one month-to-month tenant, providing both stable income and future flexibility. Numerous capital improvements have been completed, including a new boiler, new water heater, updated roof, replacement windows, upgraded electrical system, fresh exterior paint, selected interior updates, and new luxury vinyl plank flooring in Unit 1. The property also features inviting front and rear porches, a private backyard, shared laundry, a detached two-car garage, and a separate workshop/storage building. Conveniently located just minutes from Washington, DC, the Arts District, shopping, restaurants, parks, public transportation, and major commuter routes. Whether you're expanding your investment portfolio or seeking to live in one unit while generating rental income from the others, this is a rare opportunity in one of Prince George's County's most desirable historic neighborhoods.

Additional Information

High School
Northwestern
Other Structures
Above Grade, Below Grade
Structure List
Above Grade, Below Grade
Garage Spaces
2
Style
Traditional, Victorian, Unit/Flat
Basement
Yes
Fireplaces
1
Cooling Fuel
Electric
Cooling
Window Unit(s)
Heating Fuel
Oil
Heating
Radiator
Hot Water
Electric
Sewer Septic
Public Sewer
Water
Public
Tax Year
2025
Possession
0-30 Days CD, Negotiable
Days on Market
0
Acres
0.15
Ownership
Fee Simple

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Calculator source: Real Geeks

Listing courtesy of Samson Properties. Contact: 2406308689