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23
Photos
201 VIRGINIA AVENUE, Rockville, MD 20850
$588,980 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
1,388
sqft
Built in
1928
**Investor Alert!** NO HOA! Rare chance to build your dream home on flat land! This corner lot property is being sold AS-IS, WHERE-IS, encompassing two lots: this Lot 40 (201 Virginia Ave) and next Lot 39 (203 Virginia Ave, in total $588,980. With over 12,350 square feet of combined land, you have the potential to tear down the existing structure and build two new homes—tons of possibilities. Public utilities are already in place, and the buyer is responsible for obtaining permits and verifying zoning, building, and use restrictions. The existing detached home features 4 bedrooms and 3 baths, making it a fantastic opportunity for a complete rehab project and the chance to gain sweat equity. **Prime Build Opportunity!** The lots at 201 Virginia Ave and 203 Virginia Ave must be sold together. Seize this rare opportunity to develop two adjacent lots in a highly sought-after location. Prime location: just a 1-minute walk to the bus stop, a 5-minute walk to Rockville Metro & MARC Station, and a 10-minute walk to downtown Rockville Town Center & Regal Theater. Don't miss out on this incredible investment with endless possibilities! Priced to sell in the highly desirable Rockville area! LOCATION, LOCATION, LOCATION!
Features & Amenities
Interior
- Laundry:
- Main Floor
- Basement:
- Other
- A/C:
- Window Unit(s)
- Heating:
- Y, Forced Air, Natural Gas
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Cape Cod
- Parking:
- Concrete Driveway,Asphalt Driveway
Construction
- General:
- Frame, 2, Other
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- MONTGOMERY COUNTY PUBLIC SCHOOLS
- County:
- MONTGOMERY
Lot
- Zoning:
- R60, 160403852902
- Current Use:
- R
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- AS-IS Sale; The trailer next to the garage isn't included, will be removed before settlement
This listing courtesy of:
Realty ONE Group Capital, Choon Y Neoh
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Rockville, MD
Housing
- Number of Units
- 61,924
- Median Home Value
- $560,861
- Median Rent
- $1,787
47.08% of housing units are renter occupied.
4.49% are vacant.
Commute
- Car
-
45.03%
- Public Transportation
-
10.49%
- Walk to Work
-
1.82%
- Work from Home
-
41.69%
- Other
-
0.57%
The median travel time to work is 20 minutes.
People
- Population
- 143,144
- Median Age
- 39.70
- Median Household Size
- 2.70
Education
- High School
-
11.15%
- Associate’s Degree
-
5.05%
- Bachelor’s Degree
-
28.33%
- Graduate Degree
-
34.81%
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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