301 Central Avenue
Gaithersburg, MD 20877
- – beds
- – baths
- 4,270 sqft
- ~1 acre lot
- $234 per sqft
- 1920 build
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.
Last checked:
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Checking…
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Last updated Jan 22, 2025
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MLS# MDMC2156144 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Building Units Total:1
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Structure Type:Detached
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Architectural Style:Farmhouse/National Folk
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Accessibility Features:None
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Foundation Details:Other
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3770
Interior
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Fireplace:Yes
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Fireplaces:2
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4270
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Living Area SqFt:4,270 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Negotiable, Settlement
Location
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Directions:Please use Google Maps.
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Latitude:39.13603000
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Longitude:-77.17972000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.99
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Lot Size Source:Assessor
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Lot SqFt:43,241 Sqft
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Zoning:R200
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 830-1774
- Office phone:
- (301) 658-6186
Taxes
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Tax ID Number:160902369326
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Tax Year:2024
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Tax Lot:4
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Tax Annual Amount:$6,327
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Tax Assessed Value:$422,167
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Year Assessed:2024
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County Tax:4860.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Other
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Central Air:No
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Cooling Fuel:Other
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Heating:Yes
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Heating Type:Other
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Heating Fuel:Other
Utilities
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Sewer/Septic:Septic Exists
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Hot Water:Other
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Water Source:Well
Schools
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School District Name:Montgomery County Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:10
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Garage:No
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Type of Parking:Driveway
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Driveway - # of Spaces:10
Extra Units
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Vacation Rental:No
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One Bedroom Units:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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1/22/25
Jan 22, 2025
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Pending | BRIGHT | $999,900 | |
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1/7/25
Jan 7, 2025
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Price Changed | BRIGHT | $999,900 | -9.1% |
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12/3/24
Dec 3, 2024
|
Listed / Active | BRIGHT | $1,099,900 |
