College Park Gem Duplex

College Park Gem Duplex

4 bed 2 bath 1500 sq ft Built in 1982 Multi-family
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81
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
9/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Prime value-add opportunity in the heart of College Park! This income-producing duplex features two spacious 2-bedroom / 1-bath units, each offering approximately 750 square feet of well-configured living space. Both units include covered carports and private laundry/storage rooms, amenities that support long-term tenant retention and competitive rental rates.

This property offers a compelling investment profile with several major capital expenditures already completed, significantly reducing future risk and upfront ownership costs. The roof, water heater, and septic system have all been recently replaced, allowing the next owner to focus on cosmetic renovations and interior upgrades rather than heavy infrastructure work.

Located in pristine College Park, the duplex sits in a quiet residential neighborhood within a strong school district and benefits from close proximity to shopping, dining, major roadways, and employment centers—factors that continue to drive consistent rental demand in the area. With tenants recently vacated, the property offers easy access for renovations, flexible repositioning strategies, and the ability to lease at updated market rents upon completion.

With light to moderate TLC, this “diamond in the rough” presents a clear value-add opportunity for buy-and-hold investors, house hackers, or small multifamily operators looking to increase cash flow and equity in a supply-constrained submarket. Well-located duplex assets with upside like this are increasingly rare, making this a strong candidate for both immediate rental income and long-term appreciation.

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We recommend flip
Rental Income
$4,000 mo. / $48,000 yr.
Estimated Taxes
$6,000 / yr.
Maintenance
$2,000 / yr.
HOA Dues
$0 / yr.
$32,400
Projected Income
7.28%
Estimated APY
$93,500
Projected Income
19.42%
Estimated ROI

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