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201 Highland Avenue

ROCKVILLE, MD 20850
  • $520,000
  • STATUS: Active
  • ON SITE: 11 days
  • ID#: MDMC2006772
$520,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $217
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1939
County:

School Ratings & Info

Description

Location, location, location! This unique property is directly across from the (red line) Rockville Metro and MARC station and the ultimate commuter home as the government and more companies ask their employees to go back to the office starting in September. There will be a premium once again for living so close to the metro. Multiple opportunities make this house a great investment. This house is being sold as a rental property with wonderful tenants and can be a turn key income generating investment property or it can be the home in which you live. The current rent roll is $2450 per month. The tenants are on a month to month basis with 60 days notice to terminate after the next rental month begins. This home is large at approximately 2400 total finished sq. ft. and has 4 total levels, including a loft space. As you walk up to the house, you can enjoy off street parking in your own driveway and are greeted by an updated covered front porch finished in Trex. The main level of the home has a family room, dining room, large L shaped kitchen, which is rare in this area, an ante room, and a bathroom with a shower. There are also hardwood floors underneath the carpet on the main level. Upstairs the bedroom level features 3 bedrooms and 1 updated bathroom. From here, you can head up to the loft which features 2 rooms that can be used for storage, flex space, a home office or play space. The basement features a separate entrance with an updated retaining wall and a walkway with no stairs directly to the street. There is a bedroom and 3rd bathroom on the lower level, a kitchenette and washer / dryer. This can be configured into a separate and rentable space. The house has newer neutral paint throughout and awaits your finishing touches. There is also a deck that overlooks the level backyard. The value in this home is not only the location, but also in the shape of the lot, as it spans close to the entire block. The shape of the lot and location in proximity to neighboring properties makes it one of the 'must have' properties for developers who want to build townhomes or higher density living right across from the Metro as part of the 2040 Rockville plan. Simply, this home is situated on A+ prime real estate slated for development. In addition, this home is walkable to Rockville Town Center Starbucks, Regal Cinemas, an endless number of restaurants, and much more! Selling As-Is

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lutkins Group | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-31T23:53:57.933.
www.lutkinsgroup.com/homes/119512523
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201 Highland Avenue ROCKVILLE, MD 20850

  • Price: $520,000
  • Status: Active
  • ID#: MDMC2006772
4
Beds
3
Baths
0
½ Baths
0.17
Acres
2,400
SQFT
$217
$/SQFT
1939
Built
Neighborhood:
Croydon Park
County:
Montgomery
School District:
Montgomery County Public Schools
Property Description
Location, location, location! This unique property is directly across from the (red line) Rockville Metro and MARC station and the ultimate commuter home as the government and more companies ask their employees to go back to the office starting in September. There will be a premium once again for living so close to the metro. Multiple opportunities make this house a great investment. This house is being sold as a rental property with wonderful tenants and can be a turn key income generating investment property or it can be the home in which you live. The current rent roll is $2450 per month. The tenants are on a month to month basis with 60 days notice to terminate after the next rental month begins. This home is large at approximately 2400 total finished sq. ft. and has 4 total levels, including a loft space. As you walk up to the house, you can enjoy off street parking in your own driveway and are greeted by an updated covered front porch finished in Trex. The main level of the home has a family room, dining room, large L shaped kitchen, which is rare in this area, an ante room, and a bathroom with a shower. There are also hardwood floors underneath the carpet on the main level. Upstairs the bedroom level features 3 bedrooms and 1 updated bathroom. From here, you can head up to the loft which features 2 rooms that can be used for storage, flex space, a home office or play space. The basement features a separate entrance with an updated retaining wall and a walkway with no stairs directly to the street. There is a bedroom and 3rd bathroom on the lower level, a kitchenette and washer / dryer. This can be configured into a separate and rentable space. The house has newer neutral paint throughout and awaits your finishing touches. There is also a deck that overlooks the level backyard. The value in this home is not only the location, but also in the shape of the lot, as it spans close to the entire block. The shape of the lot and location in proximity to neighboring properties makes it one of the 'must have' properties for developers who want to build townhomes or higher density living right across from the Metro as part of the 2040 Rockville plan. Simply, this home is situated on A+ prime real estate slated for development. In addition, this home is walkable to Rockville Town Center Starbucks, Regal Cinemas, an endless number of restaurants, and much more! Selling As-Is
Exterior Features

Architectural Style Colonial Construction Materials Other Garage YN No Other Structures Above GradeBelow Grade Parking Types Driveway Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1700 Basement DaylightFullDaylightPartialSide EntranceWalkout LevelWindows Basement YN Yes Below Grade Finished Area 700 Cooling Window Unit(S) Heating Forced Air Heating YN Yes Levels 4 Upper Level1 Bedrooms 3

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Front Foot Fee 0.00 Heating Fuel Oil Hot Water Natural Gas Municipality Rockville Navigable Water YN N New Construction YN No Original MLSNumber 800874633176 Ownership Interest Fee Simple Possession Subject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5329.00 Tax Assessment Amount 383967.00 Tax Lot 7 Vacation Rental YN No Water Source Public Zoning R60

Listing courtesy of Long & Foster Real Estate, Inc..


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lutkins Group | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-31T23:53:57.933.
 
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