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8216 NOLTE AVENUE, SILVER SPRING, MD 20910
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$825,000
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Home Details for 8216 NOLTE AVENUE
Price
$825,000
Type
Single Family
Bedrooms
7
Total Bathrooms
5
Full Bathrooms
5
Year Build
1943
Lot Size
0.26
County
MONTGOMERY
Basement
Walk-Out Access
Tax
$9,535
MLS®️ Listing#
MDMC2178750
On exitrealty.com
161 days
Property Description
Welcome to 8216 Nolte Avenue, an extraordinary investment opportunity located in one of Silver Spring’s most desirable neighborhoods. A rare find in today’s market, this fully detached, all-brick Colonial is a four-unit multifamily building situated on a coveted corner lot—positioned to command both exceptional attention and value.
This property is an investor’s dream, offering immediate cash flow and unmatched potential for those looking to maximize returns in one of Montgomery County’s most sought-after areas. With each of the four units in a single legal structure, the building streamlines ownership, simplifying management and maximizing operational efficiency.
Best of all — there is NO HOA, offering complete freedom and flexibility for owners without the burden of additional monthly fees or restrictions.
Having undergone recent upgrades, including brand new carpet, fresh padding, and tacks—this property is move-in ready for tenants or positioned for minimal capital improvements, giving you the freedom to scale quickly.
Beyond its impeccable structure, the corner lot delivers a generous backyard with mature trees, adding a rare outdoor oasis in a multifamily property. Whether for tenant enjoyment or future development potential (subject to zoning approvals), the spacious lot offers multiple opportunities for value creation.
Strategically located just moments from downtown Silver Spring, this property is perfectly positioned to benefit from the area’s strong rental demand, access to the Metro, and proximity to the DC line. The location is not only ideal for tenants but ensures steady long-term appreciation in a fast-growing market.
This income-generating asset is being offered strictly as-is, giving the discerning investor the opportunity to add their personal touch or leverage the building’s existing high-quality fundamentals for maximum returns.
An opportunity like this doesn’t come often—take advantage of this corner lot gem in one of the DMV’s hottest real estate markets.
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- Cooling Information
- Central Air
- Gas
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Parking
- None
- Basement
- Walk-Out Access
Listing Courtesy: United Real Estate - 703-665-3544
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 11:55:17
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EXIT REALTY ENTERPRISES
8737 Colesville Rd, Suite 300, Silver Spring, MD 20910
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$825,000
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EXIT REALTY ENTERPRISES
8737 Colesville Rd, Suite 300, Silver Spring, MD 20910