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.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Level: Main
Interior Features
- Kitchen - Galley
- Efficiency
- Floor Plan - Open
- Floor Plan - Traditional
Appliances
- Dishwasher
- Disposal
- Microwave
- Oven/Range - Gas
- Refrigerator
- Washer Dryer Hookup: No
Other Rooms
- Efficiency (Additional) Dimensions: 24' x 13'
- Efficiency (Additional) Level: Main
- Entry Foyer Dimensions: 6' x 6'
- Entry Foyer Level: Main
- Entry Foyer Features: Flooring - Tile/Brick
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Forced Air
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 12' x 8'
- Kitchen Features: Flooring - Tile/Brick
- Kitchen Level: Main
Garage and Parking
- Parking Features: Free, Rented/Permit Required, Surface, Unassigned, Off Street, On Street
Homeowners Association
- Association: Yes
- Association Fee: 240
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 240
- Pet Description: Cats OK, Dogs OK
- Cats Allowed: Yes
- Dogs Allowed: Yes
- Senior Community: No
School Information
- Elementary School: CARROLLTON
- High School: PARKDALE
- Middle School: CHARLES CARROLL
- School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Multi-Unit Info
Other Property Info
- Annual Tax Amount: 1263
- Source Listing Status: Active
- County: PRINCE GEORGES
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: FRENCHMANS CREEK
- Subdivision: FRENCHMANS CREEK
- Township: NEW CARROLLTON
Building and Construction
- Total Square Feet Living: 503
- Year Built: 1964
- Above Grade Finished Area: 503
- Building Name: FRENCHMANS CREEK CONDO ASSN
- Construction Materials: Brick
- Levels: 1
- Property Age: 61
- Levels or Stories: 1
- Structure Type: Unit/Flat/Apartment
- Total Area Sqft: 503
- Architectural Style: Colonial, Unit/Flat