Description
Own for less than the rent or rent it with positive cashflow like I have done for nearly 20 years. Perfect for someone who wants their own place or someone looking to get into rental real estate. Newly renovated 503 square feet studio apartment-style efficiency-condo. Newer kitchen and bathroom. New designer luxury vinyl plank flooring, new recessed lights with LED bulbs & all new outlets/switches & new paint, all your needed appliances (includes fridge, dishwasher, garbage disposal, gas range & over the range microwave) & ceramic tiles. Condo fee includes most utilities (water, sewer, gas, parking, one storage space, trash/snow removal). Only pay for electricity monthly (estimated at $65/mo). Two entrances, one of which enjoys a big private patio. Four closets inside the unit. One of only a handful of units sprinkled throughout the Complex with its own private patio and access from the side of the building. Separate bicycle storage room in the building. Separate & dedicated storage in the Laundry area. Free/ample permit-style parking. Close (only 1 mile) to New Carrollton Metro & MARC Train, & 495. Less than 1/2 mile to 3 Shopping Centers. Minutes to U of MD College Park, NASA, Costco, Wegmans & new Maryland Hospital in Largo. Comfortable commute to DC, Annapolis, Fort Meade & Baltimore. ULTIMATE HOUSE HACK: Purchase with an FHA Loan, and the monthly payment works out to $1K per month. including everything! Live there for a year and then rent with a $300 plus per month positive cash flow because it is a great investment too, with a fair market rental value of $1325/mo.
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0BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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503SQFT
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$199$/SQFT
School Information
Description
Own for less than the rent or rent it with positive cashflow like I have done for nearly 20 years. Perfect for someone who wants their own place or someone looking to get into rental real estate. Newly renovated 503 square feet studio apartment-style efficiency-condo. Newer kitchen and bathroom. New designer luxury vinyl plank flooring, new recessed lights with LED bulbs & all new outlets/switches & new paint, all your needed appliances (includes fridge, dishwasher, garbage disposal, gas range & over the range microwave) & ceramic tiles. Condo fee includes most utilities (water, sewer, gas, parking, one storage space, trash/snow removal). Only pay for electricity monthly (estimated at $65/mo). Two entrances, one of which enjoys a big private patio. Four closets inside the unit. One of only a handful of units sprinkled throughout the Complex with its own private patio and access from the side of the building. Separate bicycle storage room in the building. Separate & dedicated storage in the Laundry area. Free/ample permit-style parking. Close (only 1 mile) to New Carrollton Metro & MARC Train, & 495. Less than 1/2 mile to 3 Shopping Centers. Minutes to U of MD College Park, NASA, Costco, Wegmans & new Maryland Hospital in Largo. Comfortable commute to DC, Annapolis, Fort Meade & Baltimore. ULTIMATE HOUSE HACK: Purchase with an FHA Loan, and the monthly payment works out to $1K per month. including everything! Live there for a year and then rent with a $300 plus per month positive cash flow because it is a great investment too, with a fair market rental value of $1325/mo.
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