4137 34th St

$649,000, 2,580 Sqft .18 Acres

About This Property

This is a Prime Rental Property with a storage house that can be further developed into a separate town-home. All 3 Units were fully renovated in 2018. The renovation included but were not limited to new washers and dryers with; newly remodeled kitchens with stainless steel appliances, granite counter-tops & cabinets for lots of storage. It is paramount to also highlight that each unit has large windows. Two out of three units will be occupied as of the end of March in order to allow for the possibility of an owner/investor. If investor, the seller will guarantee the lease of that unit for a 1-year and will sublease it. When Fully occupied the property sets a cap rate better than 6.5%. This property can be part of 1031 Exchange. Put one more time this property is good for an owner/investor and could offer substantial upside potential for someone who will have the ability to change the zoning and add at least one extra town-home in that property.

Essential Information

MLS® #MDPG563570
Price$649,000
Bathrooms0.00
Square Footage2,580
Acres0.18
Year Built1912
TypeMulti-Family
Sub-TypeTriplex, Detached
StyleColonial
StatusActive Under Contract

Community Information

Address4137 34th St
CityMOUNT RAINIER
CountyPRINCE GEORGES-MD
StateMD
Zip Code20712

Interior

HeatingRadiant
CoolingWindow Unit(s)
Has BasementYes
BasementOther

School Information

District

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Additional Information

Date ListedMarch 25th, 2020
Days on Market37
ZoningR30

Listing Details

Office

Long & Foster Real Estate, Inc.

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2020.

Listing information last updated on June 6th, 2020 at 12:20pm CDT.

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