20 RITCHIE Ave
silver spring, MD 20910$1,295,000
- contract signed
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An excellent investment opportunity awaits with this 9-unit apartment building, located just one mile from the vibrant downtown Silver Spring area. Each of the nine units boasts a spacious layout with 3 bedrooms and 2 bathrooms, offering comfortable living spaces that appeal to a broad tenant base.
Key Features:
Unit Configuration: All units feature 3 bedrooms and 2 full bath, providing versatile space for families, professionals, or roommates.
Prime Location: Conveniently situated near shopping, dining, entertainment, and public transportation, with easy access to downtown Silver Spring ., Tacoma Park, and major commuter routes.
Separately Metered: Each unit is independently metered for electricity, ensuring utility efficiency and enabling tenants to manage their own utility costs.
Fully Occupied: The property is fully leased, providing immediate and consistent rental income.
This property represents a turnkey investment with strong rental demand. Whether you're an experienced investor or looking to expand your portfolio, this apartment building combines prime location, functionality, and stable cash flow. Don’t miss the chance to own this fantastic income-producing property!
Contact us today to schedule a viewing or request additional details.
Details
0.5 Private Acres Exterior Space
Commercial
$19,831 Annual Tax
Built in 1966
MLS/Listing ID MDMC2157872
9 Units
Listing Courtesy of TTR SOTHEBY'S INTERNATIONAL REALTY, NICOLA C TAYLOR - 301-792-9276
Source of Data: BRIGHT MLS
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All information deemed reliable but not guaranteed. Last date updated: 05/25/2025.
Source: Bright Multiple Listing Service, Inc.
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