301 Central Avenue

Gaithersburg, MD 20877

$1,099,900
Price
Beds
4,270 Sq. Ft.
$258 / Sq. Ft.
4,270
Sq. Ft.
$258
per Sq. Ft.

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,...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.
  1. Listed by Charles P Gilroy • Redfin Corp
    P: (301)-830-1774 charles.gilroy@redfin.com

Property Details for 301 Central Avenue

Tax ID Number
160902369326
Ownership
Fee Simple
Structure Type
Detached
Style
Farmhouse/National Folk
Waterfront
No
Garage
No
Expected On Market Date
12-04-2024
Legal Subdivision
GAITHERSBURG OUTSIDE
LISTING UPDATED: 12/03/2024 03:25 PM

Property Details for 301 Central Avenue

StatusActive
MLS #MDMC2156144
Days on Market15
Taxes$6,327 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.99 AC / 43,241 SF
CountyMontgomery County

Virtual Tour

Building Information for 301 Central Avenue

Stories-Residences1Year Built1920Building Size-Lot Size0.99 AC / 43,241 SF

Property Information for 301 Central Avenue

Location
Location
  • In City Limits: No
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138126809
  • SchoolDistrictSource: Listing Agent
  • County: MONTGOMERY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $422,167
  • Year Assessed: 2024
  • County Tax: $4,860
  • Improvement Assessed Value: $263,600
  • City Town Tax: $0
  • Land Assessed Value: $239,700
  • Clean Green Assessed: No
  • Land Use Code: R
  • Refuse Fee: $245
  • Zoning: R200
  • Tax Lot: 4
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 5
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 4,270.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 13966806
Parking
Parking
  • Type Of Parking: Driveway
  • Driveway - # of Spaces: 10
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Other
  • Hot Water: Other
  • Water Source: Well
  • Sewer Septic: Septic Exists
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 301 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 Central Avenue

Taxable ValueLand$153,000Additions-Total$153,000
Tax Record2024$1,761 ($147 / month)
Home Facts
Beds0Lot Size33,541 SqFtStyleResidentialZoningR200CountyMONTGOMERYAPN09-02785511Fireplace TypeHas Fireplace

Schools near 301 Central Avenue

This home is within Montgomery County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Washington Grove Elementary School
PublicPK to 5

Gaithersburg Middle School
Public6 to 8

Gaithersburg High School
Public9 to 12

Harriet R. Tubman Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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301 Central Avenue is a multi-family home for sale in Gaithersburg, MD 20877. This property was listed for sale on December 3, 2024 by Redfin Corp, it's currently listed at $1,099,900. It has been on the market for a total of 15 days and was last sold on April 24, 2017. This listing's school district is Montgomery County Public Schools. Nearby schools include Washington Grove Elementary School, Gaithersburg Middle School and Gaithersburg High School. 301 Central Avenue is a 0-bed, 0-bath, 4,270 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corp

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/03/2024 03:25 PM