Bungalow
746 THAYER AVENUE
SILVER SPRING, MD 20910
MLS#: MDMC2223254
$1,150,000
Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1922
Sq.Footage
2,788
If you are a forward thinking investor looking for an instant cash flow asset with the long term vision to expand in an ever disappearing property class, this is the property for you! 3 unit Triplex, 11,000 square foot lot and $91,200 in gross income. 746 Thayer, blends historic charm with modern updates just steps to the Metro, shops, and restaurants, boasting a 96 Walk Score. All 3 units are registered rentals with Montgomery County and are fully occupied with strong tenant retention, reflecting consistent management and care. The main level (Unit 1) features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. Unit 2 the upstairs loft, offers 3 bedrooms and 1 bath, while Unit 3 on the lower level provides a 1-bedroom, 1-bath layout. The options are endless, just like the massive lot, live in one unit while the others generate income to offset your mortgage, or continue to lease all three for strong cash flow and long-term ROI or exercise a 1031 exchange for a true turnkey operational asset ready to go. The property includes parking for up to five vehicles and sits on a deep 11,000 sq ft lot with potential for an ADU or future expansion. Opportunities like this combining scale, location, stability, and upside are exceptionally rare. Act quickly.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
1988.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.25
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Bungalow
Price
-
Sales Price
$1,150,000
-
Tax Amount
$10,820
-
Sq. Footage
2, 788
-
Price/SqFt
$412
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
P2
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Harry N Dunstan III , Coldwell Banker Realty - Washington
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