Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
3,770
Welcome to 301 Central Ave. A rare gem offering incredible versatility in a prime Gaithersburg location near Washington Grove and the MARC train, with Shady Grove Metro just a short drive away. This unique property sits on a picturesque, 1-acre lot and presents endless possibilities: transform it into a grand single-family residence or keep it as an approved 4 unit multifamily building. The main level is the primary residence, featuring expansive living areas, two updated full baths, 2-3 bedrooms, a large enclosed wraparound porch, one full kitchen and one bar with the potential of the bar being converted to a second kitchen. Upstairs, you'll find three fully equipped 1-bedroom, 1-bath apartments, two of which are currently being leased until June 2024. The property boasts a newly paved entrance with parking for 10+ vehicles and stunning park-like grounds perfect for outdoor enjoyment. Whether you're envisioning a spacious single-family home with 5-6 bedrooms and 5 baths, a lucrative multifamily investment, or a combination of both, this property is brimming with potential. Schedule your private tour today! Advance notice required—contact the listing agent for details.
Features & Amenities
Interior
-
Total Bedrooms
5
Area & Lot
-
Lot Size(acres)
0.99
-
Property Type
Residential Income
-
Architectural Style
Farmhouse/National Folk
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Driveway
Financial
-
Sales Price
$949,900
-
Tax Amount
6327.0
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Charles P Gilroy , Redfin Corp
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