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229 Eastern Avenue Northeast

Prince George's County MD 20743

5378 sq. ft.
Land
Currently for sale - view listing

Overview

READY TO BUILD YOUR NEW HOME? AWESOME level lightly wooded lot conveniently located in proximity of the blue and silver lines Capitol Heights metro station (Very short walk). Tax Map: 0066 | Block 1 | Lots 116 | Totaling 5,378 Sq Ft /.123 Acres |Property located in an opportunity zone. == Located in Capitol Heights, Prince Georges County Maryland on the border of the Washington D.C. Line. Less than Four Miles from the Capital Beltway 495 / 95. == Convenient to FEDEX Stadium, Nationals Stadium, four major universities, shopping & downtown DC. == Opportunity Zone designation (ZONE 802901) grants significant tax benefits. The Opportunity Zones Program offers three tax incentives for investing in low-income communities through a qualified Opportunity Fund: 1. A temporary deferral of inclusion in taxable income for capital gains reinvested into an Opportunity Fund. 2. A step-up in basis for capital gains reinvested in an Opportunity Fund. 3. A permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in an Opportunity Fund if the investment is held for at least 10 years. == Zoning provides primarily small-lot, single-family detached home with a minimum lot size of 6,500 sq. ft. RSF-65 Zoning provides primarily small-lot, single-family detached communities reflective of traditional subdivision patterns. Minimum lot size for Single-family dwelling is 6,500 sq. ft., and for other uses minimum lot size is 6,500 sq. ft. Maximum dwelling units per net acre 6.7.

Features

5378 sq. ft. lot size
Land

Happy sellers in Prince George's County

92%
92% of sellers in Prince George's County reported that their sale price either exceeded or met their price expectations.

Prince George's County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Prince George's County over the last 12 months.

Local market activity for land plots in Prince George's County

In the last 12 months, 14 land plots similar to 229 Eastern Avenue Northeast, have been sold.

This represents a 13% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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