Unique Investment Opportunity: Expansive Property on Double Lots in Capitol Heights Introducing 1008 - 1010 Balboa Ave, Capitol Heights, MD 20743 – a remarkable investment opportunity that offers not just a property, but an expansive canvas of potential. Situated on two adjoining lots totaling an impressive 9,000 square feet, this offering presents an array of possibilities for the savvy buyer or investor with a discerning eye. Key Features: 1. Abundant Space: With a total of 9,000 square feet spread across two adjoining lots, this property stands as a testament to space and potential. The vast land area provides room for creative landscaping, expansion, or even future development, allowing you to shape your vision and maximize the property's utility. 2. Prime Location: Nestled in Capitol Heights, this property enjoys a prime location that offers both convenience and connectivity. Proximity to major transportation routes, metro stations, and essential amenities ensures that you're never far from the heart of the action. Whether you're commuting to work or exploring local attractions, this location provides the perfect balance of accessibility and tranquility. 3. Investment Versatility: As a seasoned investor, you understand the value of options. This property's double-lot configuration opens the door to diverse investment avenues. Whether you envision a multi-unit development, a spacious single-family home, or a property with rental income potential, the possibilities are limited only by your imagination. 4. Future Potential: With land at a premium, a property of this size presents an opportunity to capitalize on future growth and development trends. As the surrounding area evolves, your investment could appreciate significantly, providing a solid foundation for long-term financial success. 5. Creative Freedom: Whether you're an investor with an eye for design or a buyer with a vision of your dream home, this property provides the creative freedom to bring your ideas to life. Imagine the possibilities of custom landscaping, outdoor entertainment spaces, or even an innovative architectural concept. 6. Investment Diversification: This expansive property provides a means of diversifying your investment portfolio. Real estate remains a tangible and resilient asset, offering stability and potential returns even in uncertain times. With its size and location, 1008 Balboa Ave is a standout opportunity to diversify your investment strategy. 7. Limited Availability: Properties that encompass such vast space within a sought-after location are few and far between. Don't miss the chance to secure this unique investment opportunity before it's too late. The rarity of a double-lot property in Capitol Heights makes 1008 Balboa Ave a valuable find for the astute investor or buyer seeking a truly distinctive property. Seize the Opportunity! 1008 Balboa Ave offers more than just a property; it presents a canvas for your investment aspirations. With the expansive land area, prime location, and potential for future growth, this offering stands as a testament to foresight and opportunity. Whether you're looking to create a bespoke residence, generate rental income, or explore development options, this property provides the foundation to turn your vision into reality. Act swiftly to secure this exceptional investment opportunity. Contact us today to schedule a showing and embark on a journey of possibilities at 1008 Balboa Ave, Capitol Heights, MD 20743.
Sold for $350,000 on 10/11/23
$350,000
1008/1010 Balboa Ave, Capitol Heights, MD 20743
4beds
1,128sqft
Single Family Residence
Built in 1962
4,000 Square Feet Lot
$289,200 Zestimate®
$310/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 11 hours ago
Listing updated: October 11, 2023 at 05:01pm
Listed by:
Lledon Stokes 202-924-5117,
Monument Sotheby's International Realty
Bought with:
Juan Flores, 580702
Fairfax Realty Premier
Source: Bright MLS,MLS#: MDPG2087048
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 1128
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Exterior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,256
- Total interior livable area: 1,128 sqft
- Finished area above ground: 1,128
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,000 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 17182049013
- Zoning: RSF65
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Capitol Heights
- Subdivision: Capitol Heights
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple