3108 UPSHUR STREET

MOUNT RAINIER, MD 20712

Exceptional opportunity to own a fully occupied four-unit multifamily property in the heart of the Historic Mount Rainier Arts District. Whether you're an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this well-maintained property offers outstanding versatility and long-term potential. The building features a desirable unit mix of one 2-bedroom apartment, two 1-bedroom apartments, and one studio, generating over $64,000 in annual gross rental income. One purchaser may choose to occupy a unit while benefiting from income generated by the remaining apartments. Pride of ownership is evident throughout with numerous recent improvements, including a brand-new boiler, brand-new water heater, updated roof, replacement windows, upgraded electrical system, fresh exterior paint, freshly painted interiors in selected units, and new luxury vinyl plank flooring in Unit 1. Tenants enjoy the property's unique character and inviting outdoor spaces, including welcoming front and rear porches, a private backyard, artistic mosaic details, shared laundry, a detached two-car garage, and a separate workshop that offers excellent storage or creative studio space. The attractive setting has helped foster stable, long-term tenancy. Ideally located just minutes from Washington, DC, major commuter routes, Metro bus service, shopping, restaurants, parks, and everyday conveniences, this turnkey investment combines historic charm with modern updates in one of Prince George's County's most vibrant and growing communities.

Listing courtesy of Samson Properties



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