Currently tenant-occupied on month to month basic and generating a robust $1,950 per month in rental income, this property delivers immediate cash flow from day one should you like them to stay. Ideally located just minutes from the University of Maryland, West Hyattsville Metro Station (Green Line), and the Mall at Prince George's, this condo is perfectly positioned for long-term growth in one of the DMV's most dynamic rental markets. Attention Investors & Buyers! Turnkey 2BR/1BA Condo — Tenant In Place — Immediate Cash Flow! Welcome to 1009 Chillum Rd #104 — a beautifully updated 2-bedroom, 1-bathroom condominium offering an exceptional blend of value, flexibility, and convenience in the heart of Hyattsville, MD. Priced at just $125,000, this spacious 968 sq. ft. first-floor unit is a rare opportunity for investors and owner-occupants alike. Renovated within the last six years, this home features gleaming hardwood floors in the living and dining areas, modern stainless-steel appliances, and the premium convenience of an in-unit washer and dryer. The secured, controlled-access building includes dedicated parking for residents. Whether you're expanding your investment portfolio or stepping into homeownership, this is the opportunity you've been waiting for. Schedule your private showing today! KEY PROPERTY FACTS: • Gross Rental Yield: 19.5% • Annual Gross Income: $23,400 • Building: Secured, controlled-access with parking • Flooring: Hardwood (living/dining), Laminate (bedrooms) • Appliances: Stainless Steel Tenant received ROFR. Expired May 29, 2026
Median sale price in this area is $217,802. (74% higher than this home)
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Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Elevator access
No basement
Bedrooms
2 bedrooms on the main level
Bathrooms
1 full bathroom on the main level
Laundry & utility
In-unit washer and dryer hookups
Main-floor laundry
Heating & cooling
Electric heat pump
Central air conditioning
Exterior features
Community pool
Home design
Condominium unit
Garden-style building
Main-level entry
Parking
Parking lot
Construction
Brick construction
Remodeled in 2021
Utilities
Public water
Public sewer
Electric hot water
HOA & community
Monthly condo fee of $786
On-site professional management
Fee includes air conditioning, ground fees, common area maintenance, electricity, gas, heat, insurance, management, parking, snow removal, trash, and water
Community amenities include a fitness center, outdoor pool, dog park, elevator, exercise room, laundry facilities, and playground
Pets allowed with breed restrictions
Other
Irrigation water rights
Electricity and solar
View estimated energy costs and solar savings for this home
Beautiful first level unit with lots of space, features sleek hard wood floors and modern fixtures. Modern kitchen, granite countertops, freshly painted, beautiful tile backsplash. Spacious walk in tub with glass door, provides a clean spa feel. Spacious main bedroom, with a large closet. Conveniently located near public transportation, major roads, shops and restaurant. Don't miss out, come and see!
The purposes of the Residential, Multifamily-48 RMF-48 Zone are: To provide suitable sites respectful of the natural features of the land for high-density multifamily residential development and other forms of development that support residential living and walkability; To provide for this type of development at locations recommended by an Area Master Plan or Sector Plan, proximate to centers including transit centers or at other locations which are found to be suitable by the District Council; and To ensure development is compatible with surrounding lands.