301 CENTRAL AVE Pending Save Request In-Person Tour Request Virtual Tour
Gaithersburg,MD 20877
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 3,770 sqft
Price per Sqft $265
Subdivision Gaithersburg Outside
MLS Listing ID MDMC2188724
Style Farmhouse/National Folk
Bedrooms 5
Full Baths 5
HOA Y/N N
Abv Grd Liv Area 3,770
Year Built 1920
Annual Tax Amount $6,327
Tax Year 2024
Lot Size 0.993 Acres
Acres 0.99
Property Sub-Type Detached
Source BRIGHT
Property Description
Welcome to 301 Central Avenue — a rare and versatile gem in the heart of Gaithersburg, ideally located near Washington Grove and just minutes from the MARC Train and Shady Grove Metro. Set on a beautifully landscaped 1-acre lot, this unique property offers endless possibilities: create a stunning single-family estate or take advantage of its existing approval as a 4-unit multifamily building.
The main level functions as the primary residence and features expansive living spaces, two updated full baths, 2–3 bedrooms, a large enclosed wraparound porch, a full kitchen, and a bar area with potential to convert into a second kitchen.
Upstairs, you'll find three fully equipped 1-bedroom, 1-bath apartments — two of which are currently leased through June 2024 — offering excellent income potential.
The property also boasts a newly paved driveway with parking for 10+ vehicles and serene, park-like grounds perfect for outdoor living.
Whether you're looking for a spacious home with 5–6 bedrooms and 5 baths, a profitable investment opportunity, or a creative blend of both, 301 Central Ave is full of potential.
Private tours by appointment only — please contact the listing agent to schedule.
Location
State MD
County Montgomery
Zoning R200
Rooms
Main Level Bedrooms 2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Fireplaces Number 2
Equipment Stove,Microwave,Refrigerator,Dishwasher,Disposal,Dryer,Washer
Fireplace Y
Appliance Stove,Microwave,Refrigerator,Dishwasher,Disposal,Dryer,Washer
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Well
Architectural Style Farmhouse/National Folk
Level or Stories 3
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Montgomery County Public Schools
Others
Senior Community No
Tax ID 160902369326
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=GFyfSlALkyk