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Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,128 sqft
Price per Sqft $310
Subdivision Capitol Heights
MLS Listing ID MDPG2087048
Sold Date 10/11/23
Style Other
Bedrooms 4
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,128
Originating Board BRIGHT
Year Built 1962
Annual Tax Amount $4,289
Tax Year 2022
Lot Size 4,000 Sqft
Acres 0.09
Property Description
Unique Investment Opportunity: Expansive Property on Double Lots in Capitol Heights
Introducing 1008 - 1010 Balboa Ave, Capitol Heights, MD 20743 – a remarkable investment opportunity that offers not just a property, but an expansive canvas of potential. Situated on two adjoining lots totaling an impressive 9,000 square feet, this offering presents an array of possibilities for the savvy buyer or investor with a discerning eye.
Key Features:
1. Abundant Space: With a total of 9,000 square feet spread across two adjoining lots, this property stands as a testament to space and potential. The vast land area provides room for creative landscaping, expansion, or even future development, allowing you to shape your vision and maximize the property's utility.
2. Prime Location: Nestled in Capitol Heights, this property enjoys a prime location that offers both convenience and connectivity. Proximity to major transportation routes, metro stations, and essential amenities ensures that you're never far from the heart of the action. Whether you're commuting to work or exploring local attractions, this location provides the perfect balance of accessibility and tranquility.
3. Investment Versatility: As a seasoned investor, you understand the value of options. This property's double-lot configuration opens the door to diverse investment avenues. Whether you envision a multi-unit development, a spacious single-family home, or a property with rental income potential, the possibilities are limited only by your imagination.
4. Future Potential: With land at a premium, a property of this size presents an opportunity to capitalize on future growth and development trends. As the surrounding area evolves, your investment could appreciate significantly, providing a solid foundation for long-term financial success.
5. Creative Freedom: Whether you're an investor with an eye for design or a buyer with a vision of your dream home, this property provides the creative freedom to bring your ideas to life. Imagine the possibilities of custom landscaping, outdoor entertainment spaces, or even an innovative architectural concept.
6. Investment Diversification: This expansive property provides a means of diversifying your investment portfolio. Real estate remains a tangible and resilient asset, offering stability and potential returns even in uncertain times. With its size and location, 1008 Balboa Ave is a standout opportunity to diversify your investment strategy.
7. Limited Availability: Properties that encompass such vast space within a sought-after location are few and far between. Don't miss the chance to secure this unique investment opportunity before it's too late. The rarity of a double-lot property in Capitol Heights makes 1008 Balboa Ave a valuable find for the astute investor or buyer seeking a truly distinctive property.
Seize the Opportunity!
1008 Balboa Ave offers more than just a property; it presents a canvas for your investment aspirations. With the expansive land area, prime location, and potential for future growth, this offering stands as a testament to foresight and opportunity. Whether you're looking to create a bespoke residence, generate rental income, or explore development options, this property provides the foundation to turn your vision into reality. Act swiftly to secure this exceptional investment opportunity. Contact us today to schedule a showing and embark on a journey of possibilities at 1008 Balboa Ave, Capitol Heights, MD 20743.
Location
State MD
County Prince Georges
Zoning RSF65
Rooms
Basement Outside Entrance
Main Level Bedrooms 4
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Senior Community No
Tax ID 17182049013
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Juan C Flores • Fairfax Realty Premier
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