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20 RITCHIE AVENUE, SILVER SPRING, MD 20910
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$1,295,000
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Home Details for 20 RITCHIE AVENUE
Price
$1,295,000
Type
Commercial/Industrial
Year Build
1966
Lot Size
0.5
County
MONTGOMERY
Tax
$19,831
MLS®️ Listing#
MDMC2157872
On exitrealty.com
270 days
Property Description
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.
- Cooling Information
- Central Air
- Electric
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Parking
- Parking Lot
Listing Courtesy: TTR Sotheby's International Realty - 202-333-1212
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 12:15:09
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EXIT REALTY ENTERPRISES
8737 Colesville Rd, Suite 300, Silver Spring, MD 20910
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$1,295,000
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EXIT REALTY ENTERPRISES
8737 Colesville Rd, Suite 300, Silver Spring, MD 20910