This exceptional residential property, with an additional property on lot situated in the desirable Gaithersburg Outside subdivision, presents a unique investment opportunity with significant potential for appreciation and development. Spanning 1.38 acres, the lot features a combination of wooded areas and open space, offering a serene environment while also allowing… Read More for subdivision possibilities. This flexibility enhances the potential for maximizing returns through future development or resale. The existing structure, is 2 detached homes with a fully finished basement. with four bedrooms and three full bathrooms, the property is well-suited for various rental strategies, capitalizing on the growing demand for housing in the area. The property boasts three fireplaces. Investors will appreciate the absence of a homeowners association fee, allowing for greater flexibility in property management and potential cost savings. The combination of a prime location, substantial lot size, and the potential for subdivision makes this property a compelling choice for those looking to invest in a growing market with promising returns. Read Less
Courtesy of Manal Idrissi, Long & Foster Real Estate, Inc. [email protected]
Listing Snapshot
Days Online
12
Last Updated
Property Type
Single Family Residential
Beds
4
Full Baths
3
Square Ft.
2,287
Lot Size
1.38 Acres
Year Built
1937
MLS Number
MDMC2201766
30 Days Snapshot Of 20877
$451k
-15%
(avg) sold price
23
+53%
homes sold
36
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Fully Finished
Building
2,287 sqft living area, 1,507 sqft above grade (finished), 780 sqft below grade (finished), Built in 1937, Structure Type: Detached, 3 levels, Frame
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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