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… Read More 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. Read Less
Courtesy of Redfin Corp
Listing Snapshot
Days Online
65
Last Updated
Property Type
Single Family Residential
Beds
5
Full Baths
5
Square Ft.
4,270
Lot Size
0.99 Acres
Year Built
1920
MLS Number
MDMC2156142
30 Days Snapshot Of 20877
$468k
-15%
(avg) sold price
11
-31%
homes sold
11
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,270 sqft living area, 4,270 sqft above grade (finished), Built in 1920, Structure Type: Detached, 2 levels, Farmhouse/National Folk, Frame
Fireplaces
2 fireplaces
Lot
43,241 sqft, 0.99 acres
Property
Other Structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
City/Town Tax Pymnt Freq: Annually, County Tax: $4,860, County Tax Pymnt Freq: Annually, Tax Annual Amount: $6,327, Tax Year: 2024
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