746 Thayer Ave, Silver Spring, MD 20910
- $1,100,000
- 1,988
- SqFt
- List Price
- $1,100,000
- Price Change
- ▼ $50,000 1781748154
- MLS#
- MDMC2223254
- Status
- ACTIVE
- Type
- Multifamily
- Total Units
- 3
- City
- Silver Spring
- County
- Montgomery
- Living Area
- 1,988
- Lot Size
- 10,890
- Year Built
- 1922
Property Description
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.
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Additional Information
- Acres
- 0.25
- Basement
- Yes
- Cooling
- Window Unit(s)
- Fireplace
- Yes
- Living Area
- 1,988
- Lot Size
- 10,890
- School District
- Montgomery County Public Schools
- Sewer
- Public Sewer
- Style
- Bungalow
- Total Units
- 3
- Zoning
- R60
Mortgage Calculator
Listing courtesy of Coldwell Banker Realty - Washington. Contact: 2023876180
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