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316 Main St, Gaithersburg, MD, 20878

1beds
4baths
4,000sqft
$1,195,000
$299price/sqft
$7,630/moest. monthly cost
$305,200/yrincome needed

About This Home

Rare opportunity in the heart of Kentlands! This unique four unit mixed use building offers exceptional potential for passive income in one of Montgomery County's most desirable and walkable communities. Featuring steady long term tenants in the retail spaces and second floor apartment, this property provides immediate income with tremendous upside. Recent high end renovations to the apartment and basement showcase quality finishes and thoughtful design. Live in the top floor residence while enjoying income from the other units, or add this exceptional asset to your investment portfolio. Just steps from Whole Foods, shops, restaurants, and all that Kentlands has to offer, this is truly a rare offering that combines lifestyle and investment potential.

Getting Around

96
WalkingWalker's Paradise
35
TransitSome Transit
76
BikeVery Bikeable

Schools

7/10
6/10
8/10

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick Front

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 4
  • Full bathrooms: 1
  • 1/2 bathrooms: 3
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,000

Heating & Cooling

  • Heating features: Other,Electric,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160903223812
  • Zoning: MXD
  • Special condition: Standard

Features

  • Levels: Four
  • Stories: 4
  • Pool features: Community

Lot

  • Lot size: 1,112 sqft

Parking

  • Total spaces: 2
  • Parking features: Off Street