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$1,295,000
9 Days On Site

20 Ritchie Ave
Silver Spring, MD 20910

For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
7,200
SqFt
$180
/SqFt
1966
Built
County:
MONTGOMERY
Listing courtesy of EXP Realty, LLC

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20 Ritchie Ave20 Ritchie Ave20 Ritchie Ave20 Ritchie Ave
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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. Don’t 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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Listing Snapshot
Price 
$1,295,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5 Acres
Year Built 
1966
MLS® Number 
MDMC2157872
Status 
Active Under Contract
Property Tax 
$19,831
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoStatus changed to Active Under Contract
6 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.5
Number Of Stories 
3
Parking Spaces 
20
Sewer 
Public Sewer
SqFt Total 
7200
Water Source 
Public
Zoning 
County Use Code 113
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Listing courtesy of EXP Realty, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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