Bought with LIU YANG • RE/MAX Realty Centre, Inc.
$680,000
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5 Beds
3 Baths
1,215 SqFt
SOLD DATE : 07/25/2025
Key Details
Sold Price $680,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,215 sqft
Price per Sqft $559
Subdivision Arcola
MLS Listing ID MDMC2161348
Style Cape Cod
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1920
Available Date 2025-02-01
Annual Tax Amount $5,371
Tax Year 2024
Lot Size 0.370 Acres
Property Sub-Type Detached
Property Description
Price improved, make an offer, don't be shy. Lender Credit $ 10 K, pulse seller credit $5K
This property stands out due to its exceptional value, being located on land zoned R-90. This zoning designation allows for the development of either four townhouses or a high-density residential building with multiple condos, with restrictions applied. It could also be used as an office right now. The zoning is already in place, but an application with the county will be required to initiate the building process and turn your vision into reality.
You can either start your project immediately or live in this beautiful house and then start your project later.
This opportunity is perfect for builders or visionaries dreaming of owning a multi-family property in a prime location. The property is situated in a vibrant commercial area, surrounded by thriving shops—offering unmatched potential and convenience.
The seller is offering $5,000 credit to repair the front roof column of the house that was damaged in the recent snowstorm.
Seize this rare, one-of-a-kind opportunity to invest in a property with endless possibilities. Don't let this incredible chance slip away!
Location
State MD
County Montgomery
Zoning R90
Rooms
Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Den, Storage Room
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Equipment Disposal, Washer
Exterior
Exterior Feature Porch(es)
Fence Partially
Water Access N
Roof Type Asphalt
Building
Lot Description Landscaping, Premium
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Kemp Mill
Middle Schools Odessa Shannon
High Schools Northwood
School District Montgomery County Public Schools
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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