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20 Ritchie Avenue

SILVER SPRING, MD 20910
  • $1,295,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: MDMC2157872
UPDATED: 26 min ago
$1,295,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1966
County:

School Information

High School:

Description

An excellent investment opportunity awaits with this 9-unit apartment building, located just one mile from the vibrant downtown Silver Spring area. Each of the nine units boasts a spacious layout with 3 bedrooms and 2 bathrooms, offering comfortable living spaces that appeal to a broad tenant base.Key Features:Unit Configuration: All units feature 3 bedrooms and 2 full bath, providing versatile space for families, professionals, or roommates.Prime Location: Conveniently situated near shopping, dining, entertainment, and public transportation, with easy access to downtown Silver Spring ., Tacoma Park, and major commuter routes.Separately Metered: Each unit is independently metered for electricity, ensuring utility efficiency and enabling tenants to manage their own utility costs.Fully Occupied: The property is fully leased, providing immediate and consistent rental income.This property represents a turnkey investment with strong rental demand. Whether you're an experienced investor or looking to expand your portfolio, this apartment building combines prime location, functionality, and stable cash flow. Dont miss the chance to own this fantastic income-producing property!Contact us today to schedule a viewing or request additional details.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Arlington Realty, Inc.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-11T15:52:53.957.
www.arlingtonrealtyinc.com/homes/158754048
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20 Ritchie Avenue SILVER SPRING, MD 20910

  • Price: $1,295,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 26 min ago
  • ID#: MDMC2157872
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1966
Built
County:
Montgomery
High School:
Montgomery Blair
School District:
Montgomery County Public Schools
Property Description
An excellent investment opportunity awaits with this 9-unit apartment building, located just one mile from the vibrant downtown Silver Spring area. Each of the nine units boasts a spacious layout with 3 bedrooms and 2 bathrooms, offering comfortable living spaces that appeal to a broad tenant base.Key Features:Unit Configuration: All units feature 3 bedrooms and 2 full bath, providing versatile space for families, professionals, or roommates.Prime Location: Conveniently situated near shopping, dining, entertainment, and public transportation, with easy access to downtown Silver Spring ., Tacoma Park, and major commuter routes.Separately Metered: Each unit is independently metered for electricity, ensuring utility efficiency and enabling tenants to manage their own utility costs.Fully Occupied: The property is fully leased, providing immediate and consistent rental income.This property represents a turnkey investment with strong rental demand. Whether you're an experienced investor or looking to expand your portfolio, this apartment building combines prime location, functionality, and stable cash flow. Dont miss the chance to own this fantastic income-producing property!Contact us today to schedule a viewing or request additional details.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7200.00 Cooling Central A/C Heating 90% Forced Air Heating YN Yes Net Square Feet 9000.00

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Lease Considered YN No Municipality City of Takoma Park Navigable Water YN N New Construction YN No Number Of Units Total 9 Original MLSNumber 803516200146 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 19831.00 Tax Lot P5 Vacation Rental YN No Water Source Public Zoning R30 Zoning Description County Use Code 113

Listing courtesy of EXP Realty, LLC: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Arlington Realty, Inc.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-11T15:52:53.957.
 
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