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Photos
903 ERIE AVENUE, Takoma Park, MD 20912
$659,000 Asking Price
$---/mo Est. Payment Get Prequalified »
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, 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 (a little over $2,000/mo.,) 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. 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
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 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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