7523 RIVERDALE RD #1987 new to site Save Request In-Person Tour Request Virtual Tour
Hyattsville,MD 20784
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Active
Purchase Type For Sale
Square Footage 503 sqft
Price per Sqft $198
Subdivision Frenchmans Creek
MLS Listing ID MDPG2181768
Style Colonial,Unit/Flat
Full Baths 1
Condo Fees $245/mo
HOA Y/N N
Abv Grd Liv Area 503
Year Built 1964
Available Date 2025-11-01
Annual Tax Amount $1,205
Tax Year 2025
Property Sub-Type Condo/Co-op
Source BRIGHT
Property Description
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. 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 $65/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 access from the side of the building. Separate bicycle storage room in the building. Separate & dedicated storage in the Laundry 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 per month positive cash flow because it is a great investment too, with a fair market rental value of $1325/mo.
Location
State MD
County Prince Georges
Zoning RESIDENTIAL
Rooms
Other Rooms Kitchen,Foyer,Efficiency (Additional),Bathroom 1
Basement Sump Pump
Interior
Interior Features Kitchen - Galley,Efficiency,Floor Plan - Open,Floor Plan - Traditional
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Tile/Brick,Ceramic Tile,Laminated
Equipment Dishwasher,Disposal,Microwave,Oven/Range - Gas,Refrigerator
Fireplace N
Appliance Dishwasher,Disposal,Microwave,Oven/Range - Gas,Refrigerator
Heat Source Natural Gas
Laundry Common
Exterior
Exterior Feature Patio(s)
Amenities Available Common Grounds,Extra Storage,Tot Lots/Playground
Water Access N
Accessibility None
Porch Patio(s)
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Foundation Slab
Above Ground Finished SqFt 503
Sewer Public Sewer
Water Public
Architectural Style Colonial,Unit/Flat
Level or Stories 1
Additional Building Above Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Carrollton
Middle Schools Charles Carroll
High Schools Parkdale
School District Prince George'S County Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Ext Bldg Maint,Gas,Heat,Lawn Maintenance,Management,Insurance,Reserve Funds,Road Maintenance,Sewer,Snow Removal,Trash,Water
Senior Community No
Tax ID 17202266328
Ownership Condominium
SqFt Source 503
Security Features Main Entrance Lock
Special Listing Condition Standard
Pets Allowed Cats OK,Dogs OK