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 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.
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Listing Snapshot
Price
$1,350,000
Days On Site
78 Days
Bedrooms
4
Inside Area (SqFt)
2,287 sqft
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
1.38 Acres
Year Built
1937
MLS® Number
MDMC2201766
Status
Active
Property Tax
$8,153
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 months ago
Status changed to Active
2 months ago
Listing updated with changes from the MLS®
2 months ago
Price changed to $1,350,000
3 months ago
Listing first seen on site
General Features
Acres
1.38
Foundation
Block
Levels
Three Or More
Parking
DrivewayParking Lot
Parking Spaces
5
Property Sub Type
Single Family Residence
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
1507
SqFt Below
780
SqFt Total
2287
Style
Other
Water Source
Well
Zoning
R20
Interior Features
Appliances
Electric Water Heater
Basement
Finished
Cooling
Ceiling Fan(s)Window Unit(s)Electric
Fireplace
Yes
Fireplaces
3
Heating
ElectricOther
Main Level Bedrooms
2
Bathroom 1
Bedroom 1
Level - Main
Bedroom 2
Level - Main
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Exterior Features
Construction Details
Frame
Lot Features
Wooded
Pool Features
None
Community Features
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Schools
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Long & Foster Real Estate, Inc.
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