For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,035,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,752 sqft
Price per Sqft $217
MLS Listing ID MDPG2124474
Sold Date 11/01/24
Originating Board BRIGHT
Year Built 2011
Annual Tax Amount $10,420
Tax Year 2024
Lot Size 10,376 Sqft
Acres 0.24
Property Description
Unique 6 unit property just steps from the College Park metro. Gross rents of $9,100 per month. Neighboring 5 unit property, and neighboring 6 unit property for sale (different owners) for 17 total units available. 1 Bedroom 650 sq foot units. Common area laundry. Currently owner pays utilities. Property can be optimized with billing back utilities to tenants and installing coin up laundry. On site parking lot. One unit is vacated for showings during sale of building. Gross yearly rent of $109,200 easily pushed up to $122,400.
Location
State MD
County Prince Georges
Zoning RSF65
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17213948270
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Daniel A Llerena • RLAH @properties
GET MORE INFORMATION