Discover an exceptional investment opportunity in the heart of Presidential Park with this spacious 3-bedroom, 1.5-bathroom penthouse unit located within the well-established Presidential Park II Condo. Built in 1964, this mid-rise building combines traditional architectural charm with modern conveniences, making it an attractive option for discerning investors seeking reliable rental income. With a total finished area of 1,099 square feet, this unit offers ample living space, ideal for tenants looking for comfort and functionality. The property benefits from a comprehensive association fee that covers essential utilities such as gas, water, trash, and sewer, along with management and maintenance services. This ensures a hassle-free ownership experience, allowing you to focus on maximizing your investment returns. The building features desirable amenities, including common grounds, an elevator, and reserved parking, enhancing tenant satisfaction and retention. The absence of a pool reduces maintenance costs, while the well-maintained common areas contribute to the overall appeal of the property. Located in a vibrant community, this penthouse unit presents a unique opportunity to capitalize on the growing demand for rental properties in the area. With a strong rental market and the potential for appreciation, this investment promises not only immediate cash flow but also long-term value growth. Seize the chance to add this prime asset to your portfolio and benefit from the enduring appeal of Presidential Park living.
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Listing Snapshot
Price
$175,000
Days On Site
12 Days
Bedrooms
3
Inside Area (SqFt)
1,099 sqft
Total Baths
2
Full Baths
1
Partial Baths
1
Lot Size
N/A
Year Built
1964
MLS Number
MDPG2224932
Status
Active
Property Tax
$2,430
HOA/Condo/Coop Fees
$695 monthly
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS
a week ago
Status changed to Active
2 weeks ago
Listing first seen on site
General Features
Levels
One
Parking
AssignedParking Lot
Parking Spaces
1
Pets
Yes
Property Sub Type
Condominium
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1099
SqFt Total
1099
Style
Traditional
Water Source
Public
Zoning
R
Interior Features
Appliances
Gas Water Heater
Cooling
Central AirElectric
Heating
Natural GasCentral
Main Level Bedrooms
3
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Exterior Features
Construction Details
Brick VeneerBrick
Pool Features
None
Community Features
Accessibility Features
Accessible Elevator Installed
Association Amenities
Elevator(s)Laundry
Additional Association Fee
$695.0
Additional Association Fee Frequency
Monthly
School District
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Schools
School District
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Hyatt & Company Real Estate, LLC