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 entranceideal 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 acreswhile 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.