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4618 College Ave
College Park, MD 20740 Old Town Hyattsville

$1,995,000 USD

Multifamily For Sale  •  3,558 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,558 SF
  • Lot Size 0.23 AC
  • Building Class B
  • Year Built 1927
  • Zoning RMF20
62 Transit Score
80 Walk Score

Highlights

Fully Leased Student Housing Asset with Tenants Paying All Utilities
$150k in Annual Rental Income | 6.5% Current Cap Rate | 7.0% Pro Forma Cap Rate
In-Place Lease Through August 2027 with Scheduled Rent Increase in August 2026
Fully Renovated in 2025 with Luxury Finishes and Smart Lock Bedroom Access
Value-Add Upside Through Paid Parking (5 Spaces)
Prime College Park Location with Walkability to Metro

Public Transportation

Commuter RailDriveWalkDistance
1 min 7 min 0.4 mi
6 min - 1.8 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 29 min - 13.9 mi
Baltimore/Washington International Thurgood Marshall 40 min - 24.1 mi
Washington Dulles International 58 min - 36.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Sneha Shaji 443-510-8304 eXp Commercial
Sneha Shaji 443-510-8304 eXp Commercial