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$229,900

Beds
6
Baths
2.0
sq ft
1,540

1316 Edgewick Avenue, Capitol Heights, MD 20743

1316 Edgewick Avenue

CAPITOL HEIGHTS, MD 20743

  • 4 days on market
**MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFER AND TERMS DUE SUNDAY 11/17/2024 AT 5PM** CALLING ALL INVESTORS! This spacious 6-bedroom fixer-upper is a rare gem waiting to be transformed into your next project. The main level features a cozy living room with a fireplace, a separate dining room and kitchen ready for your custom updates, along with 2 spacious bedrooms and a full bathroom. The upper level offers 3 additional bedrooms and another full bathroom, providing plenty of space for a growing family or rental income. The full footprint basement offers ample room for additional living area, storage, and an additional bedroom. Outside, the property boasts a large backyard along with a private driveway and attached garage for convenient parking. Located in a prime area with easy access to DC, I-95, and I-495, this property is conveniently close to schools, dining, and shopping. Whether you’re looking to flip or add a rental property to your portfolio, this home offers significant upside potential. Don’t miss your chance to turn this property into a standout in the market. Schedule your showing today and start planning your next project! Please note that the property needs a full rehab and is being sold as-is, so caution is advised when showing.

Details

Property type

Single Family Residence

Est. home value

$321,254

Lot size

8,640 sq ft

Price per sq ft

$150

Year built

1938

Annual property taxes

$4,365

HOA

No

Price History

11/11/2024
Bright

Bright #MDPG2132208

Listed
$229,900
-4.21%
02/15/2023
Bright

Bright #MDPG2061902

Sold
$240,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Kiavi Funding Inc

Loan start date

February 2023

Original loan amount

$270,600

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Commercial

Seller

E&A Nile Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/13/2024 at 11:45 PM

Listing updated: 11/11/2024 at 11:09 PM

Listed by: Melissa Menning, Alberti Realty, LLC Phone #: (443) 981-8000

MLS: Bright #MDPG2132208

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