6124 41st Ave - Apartments FOR SALE


Hyattsville, MD 20782
$1,500,000 USD
301-366-6058
6124 41st Ave, Hyattsville, MD for Sale
$1,500,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

6124 41st Ave
Hyattsville, MD 20782


HIGHLIGHTS

  • The property's strategic location near the University of Maryland, College Park.
  • Multiple public transportation options ensure robust and consistent tenant demand.

OVERVIEW

6124 41st Avenue in the Historic Hyattsville neighborhood of Prince George’s County, Maryland. This 1952-vintage, low-rise building, situated within the Washington, D.C. metropolitan area, offers a strong, high-density asset positioned for immediate income generation and significant long-term growth. The property's strategic location near the University of Maryland, College Park, top-tier retail (for example, Prince George’s County Mall), and multiple public transportation options ensures robust and consistent tenant demand. Moreover, the immediate vicinity's comparable single-family residences, commanding prices in excess of $500,000, underscore the enduring appeal and potential for capital appreciation in this submarket. A key differentiator in this urban setting is the provision of seven dedicated off-street parking spaces.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$297 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1952

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,170 SF

ZONING

RMF20

APN/PARCEL ID

16-1831361

ASK ABOUT THIS PROPERTY

Muller DessieeXp RealtyMore Info
301-366-6058

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Muller DessieeXp RealtyMore Info
301-366-6058

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.