Best areas of Maryland near Eastern Ave border

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Best areas of Maryland near Eastern Ave border

Nick Pisano
Rental Property Investor · On the Road · Member since 2018 · 25 posts · 21 votes

Hey everybody! I've been looking for a SFH to owner occupy (to take advantage of a low down payment mortgage) before eventually turning into a rental. My real estate experience is limited pretty much to DC proper, and I'm admittedly pretty ignorant about Maryland. But for mostly price-related reasons I'm looking into the area between Eastern Ave and the Beltway. Curious to get everyone's thoughts on what parts of that area you would recommend focusing on. Ideally, looking for 2/3BRs up to mid 400s in B- to B+ neighborhoods (No HOA).

Also, I'm aware that the taxes are much more in Maryland, but not sure of much beyond that. Any particular areas that I should know about on that front?

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Leo Watts
Real Estate Agent · Washington, DC · Member since 2017 · 109 posts · 93 votes
6y

Downtown mt rainier and the arts district in hyattsville are my top choices for walkability and cute housing stock. Also more expensive accordingly. Cheverly has nice topography and cute houses and is a bit cheaper and a little under the radar. 

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  • Leo Watts
    Real Estate Agent · Washington, DC · Member since 2017 · 109 posts · 93 votes
    6y

    Downtown mt rainier and the arts district in hyattsville are my top choices for walkability and cute housing stock. Also more expensive accordingly. Cheverly has nice topography and cute houses and is a bit cheaper and a little under the radar. 

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  • Chris Mcdonald
    Real Estate Agent · Arbutus, MD · Member since 2019 · 127 posts · 59 votes
    6y

    @Nick Pisano

    Fells Point and Greektown are nice, along with Canton and Highlandtown but are townhouse/rowhouse

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  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    6y

    Hyattsville, University Park, College Park

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  • Frank Godfrey
    Real Estate Agent · Upper Marlboro, MD · Member since 2015 · 16 posts · 14 votes
    6y

    @Nick Pisano Missed this post, however, a few B to B+ neighborhoods where omitted.

    A few good ones in your B to B+ were mentioned, however, there are parts in each that could be considered higher than B+, ie. Cheverly, College Park and Hyattsville. 

    Quick suggestion from a seasoned Investor/Realtor.  If you plan to rent this in the future, I would stay 3br's plus.  The demand for 2 br rentals is much less that 3br's and 4br units, in MD.  With that, you currently have over 70 homes to choose from currently on the market.  Some being sold as is and others totally renovated.  These vary greatly in size.  B to B plus cities would also include Lanham, New Carrolton, Greenbelt, Adelphi, Glenarden, Parts of Landover, Parts of Capitol Heights, Riverdale and Bladensburg.  Note, you have many cities to choose from.  There are parts of Hyattsville that would be considered A to A plus and some B and B plus areas.  Hyattsville is Huge and there are fewer deals than usual to be found in the historic side.  Let me know if I can be of any assistance moving forward.  This is my play ground.  

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