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2300 FORMOSA AVENUE

Multi-family For Sale
$1,024,900

BTC: 11.02078562

ETH: 300.82183739

-$75K (2024/11/05)
58 days
0 room(s)
3,402 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Brand-New Construction with Income-Generating Potential! Both units can be rented for a great producing low maintenance investment!!! Separate 1/1 apartment with a full kitchen and bath located above the 2 car Garage with Covered Carport- you can live up front and let your future tenant pay towards your mortgage. Or rent both and enjoy the income! This stunning new home is fresh, modern, and ready for you to move in—no need for renovations when you can enjoy a custom-built, brand-new residence! This exceptional property, located in the heart of sought-after College Park, offers the perfect blend of luxury, functionality, and additional income potential. Step into the expansive Great Room and gourmet Kitchen, thoughtfully designed to accommodate both daily living and entertaining. The well-appointed Kitchen boasts sleek Quartz countertops, 36" cooktop with separate wall/microwave/oven, and high-end Stainless Steel appliances, offering everything the modern chef could desire. The Primary Suite is conveniently located on the main floor, featuring a spacious bathroom with elegant finishes and a generously sized walk-in closet. Upstairs, you’ll find three more large bedrooms, each with its own walk-in closet, plus a versatile Loft space (27x16), perfect for a second living area, home office, or playroom. But that’s not all—this property comes with a fantastic opportunity for income potential! Additional conveniences include an upstairs laundry room, a two-car garage, and a covered carport for extra parking. This home is designed to provide both comfort and style, while also offering the opportunity to earn rental income. Don't miss your chance to live on The Drive, one of College Park’s most vibrant streets. Schedule your private showing today and experience the best of modern living in this incredible new home!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
2024
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$301
Cooling:
Central Air / Zoned
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Range Hood

    • Refrigerator

    Other interior features

    • High Ceilings

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

  • Property

    • Levels: Two

    • Exterior Features: French Doors / Rain Gutters

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 142229362801100

    • Zoning: R2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,400

  • Source details

    • MLS ID: O6245722

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Laundry Room / Upper Level

    • Lot Features: City Lot

    • Window Features: Aluminum Frames / Double Pane Windows

    • Other Structures: Guest House

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3402

    • Water Source: Public

    • Subdivision Name: HILLCREST HEIGTS 2ND ADD

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX EXCLUSIVE COLLECTION