5
beds
5
baths
3,770
sqft
Built in
1920
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.
-
Listing Status:
-
Active
-
Date Added:
- March 20, 2025
—
11 days ago
-
Listing Office:
-
Redfin Corp, Charles P Gilroy (301-830-1774)
-
Office Phone:
-
301-658-6186
-
MLS ID:
-
MDMC2170806
Features & Amenities
Interior
- A/C:
- Heat Pump(s)
- Heating:
- Y, Heat Pump(s), Electric
- Fireplace:
- Fireplace, Fireplaces: 2
- Disability Feature:
- None
Exterior
- General:
- Above Grade, Below Grade
- Style:
- Farmhouse/National Folk
Construction
- General:
- Frame, 3, Other
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- MONTGOMERY COUNTY PUBLIC SCHOOLS
- County:
- MONTGOMERY
Lot
- Zoning:
- R200, 160902369326
- Current Use:
- R
Utilities
- Water:
- Well
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Redfin Corp, Charles P Gilroy
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
About Gaithersburg, MD
Housing
- Number of Units
- 55,350
- Median Home Value
- $487,774
- Median Rent
- $1,622
35.06%
of
housing units are renter occupied.
3.66% are vacant.
Commute
- Car
-
56.73%
- Public Transportation
-
6.61%
- Walk to Work
-
1.04%
- Work from Home
-
34.83%
- Other
-
0.61%
The median travel time to work is
23 minutes.
People
- Population
- 146,954
- Median Age
- 39.20
- Median Household Size
- 3.00
Education
- High School
-
15.68%
- Associate’s Degree
-
6.20%
- Bachelor’s Degree
-
27.54%
- Graduate Degree
-
26.81%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
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