LOCATION! LOCATION! LOCATION! On the corner of Baltimore Ave and Greenbelt Road. This is the perfect place for business exposure . Daily traffic is over 50,000 per day. Home needs total rehab, but could be great again with the right owner. Estate sale and Home being sold AS IS. Loads of potential here. Could be a great investment opportunity. Currently zoned residential, but Contact City of College Park and Prince Georgeâs County about Commercial zoning. Walking distance to UMD . Easy access to 95, 495 and 295.
Unique Opportunity. 5 Separately contained units within a single family structure. Property use is legal, as only 1 unit has a stove, with the other 4 units having no stove. Two 1 bedroom units. Two normal sized studio units. 1 large studio unit. Licensed and inspected by the City of College Park. Only 300 feet from the metro. All utilities billed back to the tenants. Landlord only pays taxes and insurance. Currently monthly rent of $5741 can easily be pushed to $7,000-$7500 a month. Only shown with LOI.
College Park is located in Maryland. College Park, Maryland has a population of 32,186. College Park is less family-centric than the surrounding county with 26.21% of the households containing married families with children. The county average for households married with children is 27.14%.
The median household income in College Park, Maryland is $64,107. The median household income for the surrounding county is $78,607 compared to the national median of $57,652. The median age of people living in College Park is 21.8 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 26.2 degrees. The average rainfall is approximately 43.3 inches per year, with 15.2 inches of snow per year.
