$685,000
$699,900
2.1%For more information regarding the value of a property, please contact us for a free consultation.
8804 1ST AVE Silver Spring, MD 20910
3 Beds
3 Baths
1,578 SqFt
Key Details
Sold Price $685,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,578 sqft
Price per Sqft $434
Subdivision Woodside
MLS Listing ID MDMC2106512
Sold Date 01/16/24
Style Colonial
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,578
Originating Board BRIGHT
Year Built 1939
Annual Tax Amount $6,874
Tax Year 2022
Lot Size 0.344 Acres
Acres 0.34
Property Description
Investor and Sweat Equity Buyers Dream House Awaits Rebirth in Silver Spring!
Discover a prime investment opportunity at 8804 1st Ave, Silver Spring, MD. This property, nestled in a sought-after location, offers vast potential for savvy investors looking to reimagine and revitalize.
Key Features:
Location: Ideally situated in Silver Spring, enjoy urban conveniences while relishing a tranquil residential setting.
Size and Structure: With a spacious layout of 2271 sq/ft spread out over three levels, this property beckons creative redesigns, presenting an open canvas for innovative transformations. This home is also situated on a very large lot of approx 15,000 sq/ft or almost 3/4 of an acre. Bump out or up potential galore and possible addition of an other building such as a home office, garage or artist studio. Be creative and let your architect make some suggestions.
Investment Potential: Unlock the potential for a lucrative investment in a rapidly growing market, promising significant returns with strategic renovations. Wonder the local area and see what how similar homes have been renovated, updated and expanded.
Surrounding Area: Close to local attractions, parks, shopping, and top-rated schools, enhancing the property's appeal for future buyers or renters.
Why It's a Dream for Investors and Sweat Equity Homeowners:
Renovation Opportunity: Embrace the challenge of remodeling this property, harnessing its blank slate to create a modern, captivating living space.
Profit Prospects: Leverage the property's location and growth potential in Silver Spring for a promising return on investment.
Resale/Rental Potential: After renovation, attract eager buyers or tenants seeking a stylish, revamped dwelling in this burgeoning area.
Take advantage of this rare opportunity to breathe new life into this lovely property. Explore the endless possibilities of this property, and make your mark in the thriving Silver Spring real estate scene.
Schedule a viewing today to unleash its full potential!
Location
State MD
County Montgomery
Zoning R60
Rooms
Other Rooms Living Room, Dining Room, Kitchen
Basement Connecting Stairway
Interior
Interior Features Kitchen - Galley
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Laundry Basement
Exterior
Utilities Available Cable TV, Multiple Phone Lines, Phone, Electric Available, Natural Gas Available
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway
Garage N
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Montgomery County Public Schools
Others
Senior Community No
Tax ID 161301091088
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Benjamin J Garner • Real Broker, LLC - McLean