OFF MARKET COLLEGE PARK 6 BED 2 BATH CAPE W BASEMENT APARTMENT – $350K BUY IT NOW

$350,000 β€’ 6 Beds / 2 Baths β€’ 1,235 SqFt
Offer Submission Deadline
  • Single Family House
  • 6
  • 2
  • 1949
  • 1235
  • 12632
  • No Garage

Description

πŸ“ 5104 Lakeland Rd, College Park, MD 20740

This is the kind of high-income, high-demand asset investors are always chasingβ€”6 bedrooms + basement apartment in a prime rental market right by the University of Maryland πŸ‘€

πŸ’₯ 6 Bed | 2 Bath Detached Cape Cod

πŸ’₯ 1,235 Sq Ft Above Grade + Finished Basement Apartment

πŸ’₯ Income-producing layout with multiple rental options

Perfect for a student rental, house hack, or long-term hold with serious cash flow potential πŸ’°

✨ Property Highlights:

  • 6-bedroom layout to maximize rent per door
  • Finished basement apartment = additional income stream
  • Strong, consistent student housing demand
  • Window AC units (value-add opportunity with central HVAC)
  • Proven rental area with solid resale comps

πŸ“ˆ ARV: $575,000+

πŸ’° Start Price: $340,000

⚑ Buy It Now: $350,000

πŸ“Š Comps:

  • 4819 Osage St – Sold $575K
  • 8405 58th Ave – Sold $537.5K
  • 4914 Tecumseh St – Sold $590K

πŸ’‘ Investment Play:

This is a true income-producing asset with multiple exit strategiesβ€”rent by the room, live-in + rent, or full flip. Add central HVAC and cosmetic updates to push value even higher.

🚨 Assignment of contract – cash or hard money only

🚨 Deals like this in College Park move FAST

πŸ“© DM for photos, rent projections, and access

πŸ“§ Send offers with POF to lock it up before it’s gone!

Estimated Spread

  • ARV $575,000
  • Price $340,000
  • Spread $235,000