7523 Riverdale Road Unit #1987, Hyattsville, MD 20784

$94,500
1
BA
503
SqFt

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Sold Price
$94,500
List Price
$99,900
Closing Date
Jan 09, 2026
Days on Market
13
Status
CLOSED
MLS#
MDPG2185138
Bathrooms
1
Full Baths
1
Living Area
503
Style
Colonial, Unit/Flat
Year Built
1964
County
Prince Georges
School District
Prince George's County Public Schools

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 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.

Additional Information

Subdivision
Frenchmans Creek
Building Name
Frenchmans Creek Condo Assn
Taxes
$1263.12
Condo Fee
$240
Interior Features
Kitchen - Galley, Efficiency, Floor Plan - Open, Floor Plan - Traditional
Amenities
Common Grounds, Extra Storage, Tot Lots/Playground
School District
Prince George's County Public Schools
Elementary School
Carrollton
Middle School
Charles Carroll
High School
Parkdale
Flooring
Tile/Brick, Ceramic Tile, Laminated
Exterior Features
Secure Storage
Community Amenities
Common Grounds, Extra Storage, Tot Lots/Playground
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Attorneys Advantage Realty. Contact:

Selling Office: .