3417 Rutgers St, Hyattsville, MD 20783

$529,900
6
BD
2
BA
2,056
SqFt

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List Price
$529,900
MLS#
MDPG2221694
Year Built
1950
Status
ACTIVE UNDER CONTRACT
Type
Single Family Residential
Bedrooms
6
Baths All
2
Baths Full
2
Living Area
2,056
County
Prince Georges
Subdivision
University Hills

Property Description

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.

Additional Information

Other Structures
Above Grade, Below Grade
Style
Ranch
Interior Features
Dining Combo, Wood Floors, Traditional Floorplan
Basement
Finished, Connecting Stairway, Exterior Entry, Sump Pump, Walkout Stairs, Water Proofing System, Windows
Fireplaces
1
Cooling
Central Air
Heating
Forced Air
Water
Public
Possession
Immediate
Days on Market
22
Acres
0.19
Ownership
Fee Simple

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Listing courtesy of Argent Realty,LLC. Contact: