Foreclosure
Address
7301/7303 Baltimore Avenue College Park, MD
Price
$ 2,250,000
Property Attributes
  • MLS#MDPG552896
  • TypeContingent
  • CountyPRINCE GEORGES
  • CityCollege Park
  • Zip20740
  • StyleApartment Building,/General Retail
  • Year Built1972
  • Taxes21351
  • Price$ 2,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6000
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Architecture Realty
Property Description

The fully occupied property includes 4 beautiful apartments upstairs and a Bike Store on the main level, with a total revenue of $168,000.The building was fully renovated in 2013: new roof, new windows, new installed HVAC, new plumbing and electrical with upgraded electric power, new Kitchens and all new appliances. The property is located diagonally across from the University of Maryland~s main campus in downtown College Park, across of the soon to be developed mixed commercial-residential complex with a subterranean parking garage. It is a few minute walking to the Green-Line Metro Station, at the end of Calvert St. and close to the future upcoming Purple-Line Light Train Station.The building is highly visible is excellent due to the fact that as a corner building it is closer to the curb than the adjacent buildings; this, combined with its red brick fa~ade, makes it a focal point for anyone traveling on Route-1 with a traffic volume of 36,370 cars per day. Due to the 2010 Development Sector Plan, the property can be developed into vertical mixed-use building up to 6 story high: See potential development sketches.For questions and contact, please, send massages to: Miry 301-717-9140, or email: mirylivnat@comcast.net

Price History
12/10/2019 Listed $2,250,000

General Features

Acceptable Financing Contract
Accessibility 2+ Access Exits
Business Type Apartment Building, Other/General Retail
Construction Materials Brick
Cool Fuel Electric
Cooling Ductless/Mini-Split, Central A/C, Multi Units, Zoned
County PRINCE GEORGES
Facing Direction West
Flooring Carpet, Ceramic Tile, Concrete, Hardwood
Heating Zoned, Central
Historic Y/N No
Legal Subdivision COLLEGE PARK-
New Construction No
Ownership Fee Simple
Possession Coin w/Sell Sett
Price Per Sq Ft 375.0
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Very Good
Real Estate Owned Y/N Yes
Roof Composite
Sewer Public Sewer
Tax Year 2019
Total Units 5
Utilities Natural Gas Available, Water Available, Electric Available, Sewer Available, Cable TV Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning MUI
Zoning Description US-1 corridor sector plan: Development MUI up to 6 story high. Minimize the provision of on-site parking

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Natural Gas, Tankless
Total Restrooms 5

Exterior Features

Building Area Total 6000.00
Lot Size Acres 0.09
Lot Size Source Estimated
Lot Size Square Feet 4115.00
Navigable Water Y/N No
Type of Parking Off Site
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 20740

Price
AVG $460K
$2.25M
Taxes
AVG $5,317
$21,351
Visits
AVG 51
87
Year Built
AVG 1955
1972
Walkscore
AVG 51
67
Data Provided by Walkscore ® not using MLS data

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