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Pending

$659,000

903 Erie Ave, Takoma Park, MD 20912

4 Beds
2,070 Sq.Ft.
Est. payment from /mo Get Pre-Approved

Property Description

Welcome to 903 Erie Avenue, a fantastic opportunity to own a classic brick colonial that has been thoughtfully divided into two distinct units, offering excellent versatility. Live in one unit and rent the other, or use both as a profitable investment. Each apartment has its own electric meter, providing a convenient setup for dual occupancy or income generation. The upper unit (pictured) is approximately 1,000 square feet and boasts a beautifully renovated table-space kitchen with stainless steel appliances, stylish cabinetry, gas cooking, and granite countertops. The spacious living room features a brick accent wall, recessed lighting, and a ceiling fan, creating a perfect space for relaxation. This unit also includes two bedrooms, an office with access to a deck, and an in-unit laundry closet, plus access to the attic for additional storage. The main-level unit, much of the charm of the upper level, with slight variations. It also offers two bedrooms and a office/bonus area. It is currently occupied by a renter on a month-to-month lease, providing immediate income (a little over $2,000/mo.,) for potential buyers. Additionally, the property is outside of the Takoma Park Rent Stabilization area, allowing more flexibility. The outdoor space features mature trees, a deck, a brick patio, and a fenced backyard. Enjoy living in eclectic Takoma Park; the location offers all the allure and convenience of this very special area. Relish the warm sense of community as well as easy access to local shopping, restaurants, entertainment, Sligo Creek Trail, and Long Branch Trail providing both comfort and convenience in an ideal setting.
Welcome to 903 Erie Avenue, a fantastic opportunity to own a classic brick colonial that has been thoughtfully divided into two distinct units, offering excellent versatility. Live in one unit and rent the other, or use both as a profitable investment. Each apartment has its own electric meter, providing a convenient setup for dual occupancy or income generation. The upper unit (pictured) is approximately 1,000 square feet and boasts a beautifully renovated table-space kitchen with stainless steel appliances, stylish cabinetry, gas cooking, and granite countertops. The spacious living room features a brick accent wall, recessed lighting, and a ceiling fan, creating a perfect space for relaxation. This unit also includes two bedrooms, an office with access to a deck, and an in-unit laund...
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Interior

Flooring
Wood
Appliances
Dryer, Refrigerator, Gas Oven, Gas Range, Washer
Other Interior Features
Eat-in Kitchen

Area & Lot

Lot Size
6,061 Sq.Ft.
MLS® ID
MDMC2153574
Type
Multi-Family
Year Built
1938
Neighborhood
SILVER SPRING
Architecture Styles
Colonial
Elementary School
ROLLING TERRACE
Middle School
SILVER SPRING INTERNATIONAL
High School
MONTGOMERY BLAIR
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS

Exterior & Building

Water Source
Public
Roof
Asphalt
Parking
On Street
Heat Type
Natural Gas
Air Conditioning
Window Unit(s), Ceiling Fan(s)
Sewer
Public Sewer
Substructure
Slab

Finance

Reduced Price
Price Upon Request
Real Estate Taxes
$7,589/yr
903 Erie Ave
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