0.28 Acres Lot
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision College Park
MLS Listing ID MDPG2184294
Year Built 1959
Annual Tax Amount $13,276
Tax Year 2025
Lot Size 0.275 Acres
Acres 0.28
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Each residence has been thoughtfully modernized with elevated finishes, including quartz kitchen countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and durable flooring throughout. Tenants enjoy year-round comfort from mini-split HVAC systems in every unit. The lower level includes a shared laundry area with room for additional storage or future value-add enhancements. Situated on a generous lot, the property features a large paved driveway and parking area accommodating up to nine vehicles, a rare advantage in the College Park rental market. Perfectly located with easy access to I-495 and Route 193, the building sits moments from neighborhood parks, trails, the University of Maryland, restaurants, cafés, and daily conveniences. This central position supports strong tenant retention and positions the asset for long-term appreciation. Whether you're expanding your investment portfolio, considering an owner-occupant strategy, or seeking a 1031 exchange replacement, 7404 Columbia Ave stands out as a fully modernized, income-producing multifamily property in the heart of College Park.
Location
State MD
County Prince Georges
Zoning RMF20
Interior
Hot Water Natural Gas
Heating Wall Unit, Other
Cooling Ductless/Mini-Split
Flooring Other
Heat Source Electric
Exterior
Garage Spaces 9.0
Water Access N
Roof Type Other
Accessibility None
Total Parking Spaces 9
Garage N
Building
Lot Description Backs to Trees, Front Yard
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Prince George'S County Public Schools
Others
Tax ID 17212358315
Ownership Fee Simple
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional, FHA, VA, Negotiable
Listing Terms Cash, Conventional, FHA, VA, Negotiable
Financing Cash,Conventional,FHA,VA,Negotiable
Special Listing Condition Standard
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Partner | Lic# AB057316L