$1,295,000
( $179.86Per Sq Foot )
 $6,952 est/mo Sourced by Back At You

20 Ritchie Ave , Silver Spring, MD 20910

Silver Spring, MD 20910

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Description

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.

Details

MLS#MDMC2157872
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1966
Days On Site36
Listing Provided ByEXP Realty, LLC | Nicola C Taylor

Features

SQ Feet7,200
ZoningR30
Acreage0.50

Market Activity 20910

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved

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Contact

Learn More About This Property

Mark Farrelly

Mark Alexander Joseph Farrelly

Anne Arundel Properties

609757 (443) 254-0195Contact Me Form Link
StateMD
CountyMontgomery
CitySilver Spring
Zip Code20910
School DistrictMontgomery County Public Schools
Listing VS Median (in 20910)
Price:
$1,295,000
low | high
Med:
$319,900
100% of Average
SqFt:
7,200
low | high
Med:
865
100% of Average
$ / SqFt:
$180
low | high
Med:
$370
55.617872207468% of Average
On Site:
36
low | high
Med:
38.000000
94.736842105263% of Average
Sourced by Back At You
Listing Updated: January 14, 2025 at 10:18:17 PM PST
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved
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