903 ERIE AVENUE, Takoma Park, MD 20912

$659,000 Asking Price

4 beds
2 baths
2,070  sqft
Built in 1938

Welcome to 903 Erie Avenue, a fantastic opportunity to own a classic brick colonial that has been thoughtfully divided into two distinct units, offering excellent versatility. Live in one unit and rent the other, or use both as a profitable investment. Each apartment has its own electric meter, providing a convenient setup for dual occupancy or income generation. The upper unit (pictured) is approximately 1,000 square feet and boasts a beautifully renovated table-space kitchen with stainless steel appliances, stylish cabinetry, gas cooking, and granite countertops. The spacious living room features a brick accent wall, recessed lighting, and a ceiling fan, creating a perfect space for relaxation. This unit also includes two bedrooms, an office with access to a deck, and an in-unit laundry closet, plus access to the attic for additional storage. The main-level unit mirrors much of the charm of the upper level, with slight variations. It also offers two bedrooms and a office/bonus area. It is currently occupied by a renter on a month-to-month lease, providing immediate income for potential buyers. Additionally, the property is outside of the Takoma Park Rent Stabilization area, allowing more flexibility. The outdoor space features mature trees, a deck, a brick patio, and a fenced backyard. Enjoy living in eclectic Takoma Park; the location offers all the allure and convenience of this very special area. Relish the warm sense of community as well as easy access to local shopping, restaurants, entertainment, Sligo Creek Trail, and Long Branch Trail providing both comfort and convenience in an ideal setting.


Features & Amenities

Interior

General:
Ceiling Fan(s),Entry Level Bedroom,Kitchen - Eat-In,Kitchen - Gourmet,Kitchen - Table Space,Recessed Lighting,Upgraded Countertops,Wood Floors
Rooms:
Living Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1,Laundry,Office,Bonus Room,Full Bath
Appliances:
Dryer,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer
Laundry:
Dryer In Unit,Washer In Unit
Basement:
Outside Entrance,Unfinished
A/C:
Window Unit(s)
Heating:
Y, Radiator, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

Roofing:
Asphalt
General:
Brick, 2, Slab

Location

Originating MLS:
BRIGHT_MAIN
School District:
MONTGOMERY COUNTY PUBLIC SCHOOLS
County:
MONTGOMERY

Lot

Zoning:
R40, 161301005964
View:
Garden/Lawn
Fencing:
Rear

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Perennial Real Estate, Daniel F Metcalf

About Takoma Park, MD

Housing

Number of Units
10,188
Median Home Value
$578,058
Median Rent
$1,213

55.89% of housing units are renter occupied.

4.75% are vacant.

Commute

Car
44.62%
Public Transportation
16.98%
Walk to Work
2.53%
Work from Home
34.49%
Other
0.34%

The median travel time to work is 25 minutes.

People

Population
24,719
Median Age
37.40
Median Household Size
2.81

Education

High School
15.77%
Associate’s Degree
3.90%
Bachelor’s Degree
19.61%
Graduate Degree
32.31%

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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