$949,900

301 CENTRAL AVENUE, Gaithersburg, MD 20877

  • 3,770 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.99acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $252/sqft
  • Property List Date Icon Listed 9 days ago

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.

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
Redfin Corp : 3016586186
Listing Agent:
Charles P Gilroy : 3018301774
MLS ID:
MDMC2180554
  • General: Combination Dining/LivingEntry Level Bedroom
  • Appliances: StoveMicrowaveDishwasherDisposalDryerWasher
  • A/C: Heat Pump(s)
  • Heating: YHeat Pump(s)Electric
  • Fireplace: FireplaceFireplaces: 2
  • Disability Feature: None

This listing courtesy of Charles P Gilroy, Redfin Corp

Location

Schools Nearby

W

Washington Grove Elementary School

8712 Oakmont St, Gaithersburg, MD, 20877

Grades EE-5

0.27 miles away

G

Gaithersburg Middle School

2 Teachers Way, Gaithersburg, MD, 20877

Grades 6-8

0.70 miles away

G

Gaithersburg High School

101 Education Blvd, Gaithersburg, MD, 20877

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.