Incredible Investment opportunity at College Park Towers (CPT) located across the street from Univ of Maryland Campus. Currently rented thru end of June. New lease for 8/1/2021-6/30/22 already signed and deposits received. Rent for new lease $2,600 - $775 - taxes ($3,300/12) = $1,550 NET/month. New (2019) kitchen. Comes with one unassigned parking spot. Ground floor unit with patio - see pix. CPT is a block from local shops/restaurants/CVS/Target etc, you will never have trouble renting this to UMD students. Building is 90% owner/investor, so don't go looking for a standard mortgage - this will be an ALL CASH deal - don't bother with a realtor. Contact owner/seller (lives 20 mins away) for a visit. Find a title company, and we can close the deal in a week.
Off market
Zestimate®
$270,500
4313 Knox Rd APT 107, College Park, MD 20740
2beds
750sqft
Condo
Built in 1962
-- sqft lot
$270,500 Zestimate®
$361/sqft
$2,013 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 750 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off-street
Lot
- Size: 974 sqft
Details
- Parcel number: 212328805
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1962
Community & neighborhood
Community
- Community features: Fitness Center, On Site Laundry Available
Location
- Region: College Park
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $775 monthly
Other
Other facts
- Cooling System: central
- Guest parking
- Heating system: Heat
- Living room
- Secured entry
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$270,500
2% more+$5,410
With Zillow Showcase(estimated)$275,910