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Key Details
Sold Price $890,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 6,216 sqft
Price per Sqft $143
MLS Listing ID MDPG2082708
Sold Date 08/31/23
Style Other
Abv Grd Liv Area 6,216
Originating Board BRIGHT
Year Built 1982
Annual Tax Amount $9,089
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Description
Existing meters allow for 3-unit building, currently gutted. Zoned RMF-20, which allows further residential development by right. Commercial uses permissible too, such as retail, churches, office, restaurant. Huge structure with 6216sf, 2-story with large traffic count on major thoroughfare. Walkable to Addison Road-Seat Pleasant METRO - *OWNER FINANCING AVAILABLE* - This building (and parking for about 8 cars) is located on a 'front parcel' of land, but there is also a second 'rear parcel' composed of a large flat gravel lot with parking for 100+ cars and small shed/barn - the 2 parcels together total 1.7 aces. Please refer to the listing photo of the survey to view boundary lines. The 'front parcel' is $799k. The 'front parcel' and the 'rear parcel' together are for sale for $990k. The 2 parcels are separated by a property owned by WMATA with an easement connecting the parcels - SEE PHOTO OF SURVEY for details. The front parcel with the building includes 10,534 sf. The rear parcel, including outbuildings and flat gravel lot, is 64,975sf. The building has six (6) entrances and a commercial garage door. Property has a 22' right of way off north side of Central Ave at lot entrance and sits between a church and day care center. Lots of opportunity here! THIS SALE INCLUDES THE FRONT PARCEL WITH THE BUILDING ONLY, which includes about 8 parking spaces. A REAR PARCEL is also available for purchase.
Location
State MD
County Prince Georges
Zoning RMF20
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17182057230
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Marshall M Hampton III • Fairfax Realty Elite