Silver Spring, MD 20910,8804 1ST AVE
Silver Spring, MD 20910,8804 1ST AVE
Silver Spring, MD 20910,8804 1ST AVE
$685,000
Est. payment /mo
$699,900
2.1%
Est.Price: ?

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3 Beds
3 Baths
1,578 SqFt
SOLD DATE : 01/16/2024

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

Water Access N

Accessibility None

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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Bright MLS (BMLS)
Listed by Christopher D Suranna • RLAH @properties
Bought with Benjamin J Garner • Real Broker, LLC - McLean
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