T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
20 Ritchie Ave, SILVER SPRING
$1,295,000
0 Beds
0 Baths
9,000 Sqft
½ Acres
0 Garages
An excellent investment opportunity awaits with this 9-unit apartment building, located just one mile from the vibrant downtown Silver Spring area. Each of the nine units boasts a spacious layout with 3 bedrooms and 2 bathrooms, offering comfortable living spaces that appeal to a broad tenant base.
Key Features:
Unit Configuration: All units feature 3 bedrooms and 2 full bath, providing versatile space for families, professionals, or roommates.
Prime Location: Conveniently situated near shopping, dining, entertainment, and public transportation, with easy access to downtown Silver Spring ., Tacoma Park, and major commuter routes.
Separately Metered: Each unit is independently metered for electricity, ensuring utility efficiency and enabling tenants to manage their own utility costs.
Fully Occupied: The property is fully leased, providing immediate and consistent rental income.
This property represents a turnkey investment with strong rental demand. Whether you're an experienced investor or looking to expand your portfolio, this apartment building combines prime location, functionality, and stable cash flow. Don’t miss the chance to own this fantastic income-producing property!
Contact us today to schedule a viewing or request additional details.
Essential Information
MLS® #MDMC2157872
Price$1,295,000
Bathrooms0.00
Square Footage9,000
Acres0.50
Year Built1966
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive Under Contract
Community Information
Address20 Ritchie Ave
CitySILVER SPRING
CountyMONTGOMERY-MD
StateMD
MunicipalityCity of Takoma Park
Zip Code20910
Interior
Heating90% Forced Air
CoolingCentral A/C
# of Stories3
Exterior
ExteriorBrick and Siding
School Information
HighMONTGOMERY BLAIR
District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Additional Information
ZoningR30
Listing Details
OfficeEXP Realty, LLC
Office Contact8333357433
Property History
Status Changed from Active to Active Under Contract
LISTING MAP
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Listing information last updated on December 25th, 2024 at 1:15am EST.
