301 CENTRAL AVE Pending

Gaithersburg,MD 20877

$ 1000000

5 Beds

5 Baths

3770 SqFt


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

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