7404 Columbia Ave College Park, MD 20740

This six-unit multifamily property is an offering for investors seeking an updated asset in a rapidly growing rental market. The building generates approximately $109,200+ in annual rental income. The previous rent roll reflects consistent performance across all units: Unit 1 – $1,500/month, Unit 2 – $1,500/month, Unit 3 – $1,500/month, Unit 4 – $1,600/month, Unit 5 – $1,500/month, and Unit 6 – $1,500/month, with a bonus lower-level area offering potential unit expansion opportunities. Each residence has been modernized with finishes, including quartz kitchen countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and flooring throughout. Mini-split HVAC systems are installed in every unit. The lower level includes a shared laundry area with room for additional storage or future value-add enhancements. Situated on a generous lot, the property features a large paved driveway and parking area accommodating up to nine vehicles. The building is located with access to I-495 and Route 193, moments from neighborhood parks, trails, the University of Maryland, restaurants, cafés, and daily conveniences. This location supports tenant retention and positions the asset for long-term appreciation. The property is a modernized, income-producing multifamily property.