11801 GEORGIA AVE Pending

Silver Spring,MD 20902

$ 699000

5 Beds

3 Baths

1215 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,215 sqft

Price per Sqft $575

Subdivision Arcola

MLS Listing ID MDMC2161348

Style Cape Cod

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1920

Available Date 2025-02-01

Annual Tax Amount $5,371

Tax Year 2024

Lot Size 0.370 Acres

Property Sub-Type Detached

Property Description

Price improved, make an offer, don't be shy. Lender Credit $ 10 K, pulse seller credit $5K

This property stands out due to its exceptional value, being located on land zoned R-90. This zoning designation allows for the development of either four townhouses or a high-density residential building with multiple condos, with restrictions applied. It could also be used as an office right now. The zoning is already in place, but an application with the county will be required to initiate the building process and turn your vision into reality.
You can either start your project immediately or live in this beautiful house and then start your project later.
This opportunity is perfect for builders or visionaries dreaming of owning a multi-family property in a prime location. The property is situated in a vibrant commercial area, surrounded by thriving shops—offering unmatched potential and convenience.
The seller is offering $5,000 credit to repair the front roof column of the house that was damaged in the recent snowstorm.
Seize this rare, one-of-a-kind opportunity to invest in a property with endless possibilities. Don't let this incredible chance slip away!

Location

State MD

County Montgomery

Zoning R90

Rooms

Other Rooms Living Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5,Kitchen,Game Room,Den,Storage Room

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Equipment Disposal,Washer

Exterior

Exterior Feature Porch(es)

Fence Partially

Water Access N

Roof Type Asphalt

Building

Lot Description Landscaping,Premium

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

Elementary Schools Kemp Mill

Middle Schools Odessa Shannon

High Schools Northwood

School District Montgomery County Public Schools

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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