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MLS# MDMC2156142 – 301 Central Avenue, Gaithersburg, MD 20877

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$1,099,900 - 5Br/5Ba - for Sale in Gaithersburg Outside, Gaithersburg
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Price: $1,099,900
Beds: 5
Baths: 5
Living Area SqFt: 4,270
Status: Active
Property Type: Single Family Residential
Lot Size Acres: 0.99
Lot Size SqFt: 43,124
Year Built: 1920
Neighborhood: Gaithersburg Outside
Days on Website: 38

Courtesy of Charles Gilroy, Redfin Corp charles.gilroy@redfin.com

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Property Description

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.

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Property Details and Features

  • Bathrooms
  • 5 total bathrooms
  • 3 bathrooms on all upper levels
  • 2 bathrooms on main level
  • 5 full bathrooms
  • 2 full bathrooms on main level
  • Bedrooms
  • 3 bedrooms on upper levels
  • 5 bedrooms
  • 2 bedrooms on main level
  • Building
  • 4,270 sqft living area
  • 4,270 sqft above grade (finished)
  • Built in 1920
  • Structure Type: Detached
  • 2 levels
  • Farmhouse/National Folk
  • Frame
  • Fireplaces
  • 2 fireplaces
  • Listing
  • 21 days on market
  • $258 per sqft
  • Property SubType: Single Family Residential
  • Location
  • County: Montgomery
  • Subdivision: Gaithersburg Outside
  • Lot
  • 43,241 sqft
  • 0.99 acres
  • Property
  • Other Structures: Above Grade,Below Grade
  • Schools
  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Sewer
  • Public Sewer
  • Taxes
  • City/Town Tax Pymnt Freq: Annually
  • County Tax: $4,860
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $6,327
  • Tax Year: 2024

Property Map

$1,099,900 – 301 Central Avenue, Gaithersburg, MD 20877

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Nearby Schools

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This content last updated on December 23, 2024 10:04AM.

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