Sold

7523 Riverdale Road Unit 1987, Hyattsville, MD 20784

Bath
1
Sqft
503
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byAttorneys Advantage Realty
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Overview

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 investing. 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 $50/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 direct access from the outside of the building. Separate bicycle storage room in the building. Separate & dedicated storage in the Laundry room 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 monthly positive cash flow because it is a great investment too, with a fair market rental value of $1300/mo.

Location

Full feature list

Basic info

Property type
Condo/Co-op
Number of bathrooms
1
Square feet
503
Year built
1964

Interior features

Basement
Yes

Exterior features

Pool
Yes

Utilities

Heating
Natural gas, Forced air
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Estimated monthly costs

HOA Fees
$240

Taxes

Tax Annual Amount (2025)
$1,263.12

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDPG2185138 Last checked:

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