Capitol Heights, MD 20743,221-229 EASTERN AVE
Capitol Heights, MD 20743,221-229 EASTERN AVE
Capitol Heights, MD 20743,221-229 EASTERN AVE
Capitol Heights, MD 20743,221-229 EASTERN AVE
Capitol Heights, MD 20743,221-229 EASTERN AVE
Capitol Heights, MD 20743,221-229 EASTERN AVE
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$65,000

$75,000

13.3%
Est.Price: ?

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Est. payment /mo

0.37 Acres Lot


SOLD DATE : 10/24/2023

Key Details

Sold Price $65,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision Maryland Park

MLS Listing ID MDPG2078804

Sold Date 10/24/23

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $592

Tax Year 2023

Lot Size 0.369 Acres

Acres 0.37

Property Description

HUGE PRICE REDUCTION FOR QUICK SALE.. Purchase includes 3 lots - READY TO BUILD YOUR NEW HOME? AWESOME level lightly wooded lot conveniently located in proximity of the blue and silver lines Capitol Heights metro station (Very short walk).
ATTENTION DEVELOPERS AND INVESTORS: 3 adjoining vacant buildable recorded lots Zoned RSF-65 |Tax Map: 0066 | Block 1 | Lots 16-18 | Totaling 16,073 Sq Ft / .36 Acres | Road frontage 100 feet |Property located in an opportunity zone. ==
Located in Capitol Heights, Prince Georges County Maryland on the border of the Washington D.C. Line. Less than Four Miles from the Capital Beltway 495 / 95. ==
Convenient to FEDEX Stadium, Nationals Stadium, four major universities, shopping & downtown DC. == Opportunity Zone designation (ZONE 802901) grants significant tax benefits.
The Opportunity Zones Program offers three tax incentives for investing in low-income communities through a qualified Opportunity Fund:
1. A temporary deferral of inclusion in taxable income for capital gains reinvested into an Opportunity Fund. 2. A step-up in basis for capital gains reinvested in an Opportunity Fund. 3. A permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in an Opportunity Fund if the investment is held for at least 10 years. ==

Zoning provides primarily small-lot, single-family detached home with a minimum lot size of 6,500 sq. ft.
RSF-65 Zoning provides primarily small-lot, single-family detached communities reflective of traditional subdivision patterns. Minimum lot size for Single-family dwelling is 6,500 sq. ft., and for other uses minimum lot size is 6,500 sq. ft. Maximum dwelling units per net acre 6.7. Video Available

Location

State MD

County Prince Georges

Zoning RSF65

Exterior

Water Access N

Garage N

Building

Lot Description Premium, Level, Partly Wooded

Sewer Public Hook/Up Avail

Water Public Hook-up Available

Schools

School District Prince George'S County Public Schools

Others

Tax ID 17183733946

Ownership Fee Simple

SqFt Source Estimated

Horse Property N

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Keith A Hawkins • Samson Properties
Bought with Ricardo Vasquez • RLAH @properties
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