4137 34th Street

Mount Rainier, MD 20712

$649,000
Last Sold Price
Beds
2,580 Sq. Ft.
$252 / Sq. Ft.
2,580
Sq. Ft.
$252
per Sq. Ft.

Description

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...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.
  1. Listed by Andreas N Pericli • Long & Foster Real Estate, Inc.
    P: 2024985858 apericli@cyprusgreecefp.com

Property Details for 4137 34th Street

Tax ID Number
17171905082
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Legal Subdivision
MOUNT RAINIER

Location

Listing Courtesy of Long & Foster Real Estate, Inc.

Sold By Long & Foster Real Estate, Inc.

Add your commute
LISTING UPDATED: 08/19/2022 01:52 AM

Property Details for 4137 34th Street

StatusClosed
MLS #MDPG563570
Days on Market37
Taxes$8,497 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1912
Lot Size0.18 AC / 7,800 SF
CountyPrince George's County

Location

Listing Courtesy of Long & Foster Real Estate, Inc.

Sold By Long & Foster Real Estate, Inc.

Add your commute

Building Information for 4137 34th Street

Stories-Residences3Year Built1912Building Size-Lot Size0.18 AC / 7,800 SF

Payment Calculator

$4,250 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,542

Property Taxes

$708

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4137 34th Street

Location
Location
  • In City Limits: No
  • Transportation: Commuter Rail Station 1 to 5 miles, Airport less than 10 miles
  • School District Name: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
  • School District County ID: 121137599599
  • SchoolDistrictSource: Listing Agent
  • County: PRINCE GEORGES
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $521,533
  • Year Assessed: 2020
  • County Tax: $4,475
  • Improvement Assessed Value: $452,400
  • City Town Tax: $3,231
  • Land Assessed Value: $100,300
  • Clean Green Assessed: No
  • Land Use Code: 011
  • Refuse Fee: $34
  • Zoning: R30
  • Tax Lot: 22
  • Tax Page Number: 187
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Electricity, Water
  • Concessions: Yes
  • Concessions Amount: $10,000
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 3
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Trash, Snow Removal
  • Insurance Expense: $1,200
  • Maintenance Expense: $14,599
Financial Information
  • Gross Income: $56,700
  • Net Operating Income: $42,101
  • Annual Rental Income: $56,700
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.50
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,580.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 14471371
Parking
Parking
  • Type Of Parking: Driveway
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 4137 34th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4137 34th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$10,079 ($840 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,580 SqFtAbove Grade Finished SqFt2,580 SqFtStories2Lot Size7,800 SqFtStyleSingle Family ResidenceYear Built1912ZoningRMF12CountyPRINCE GEORGE'SAPN17-1905082Fireplace TypeHas Fireplace

Schools near 4137 34th Street

This home is within Prince George's County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mt Rainier Elementary School
PublicPK to 6

Hyattsville Middle School
Public6 to 8

Northwestern High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Long & Foster Real Estate, Inc.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/19/2022 01:52 AM