$520,000 :: 201 HIGHLAND AVE, ROCKVILLE MD, 20850
4 beds, 3 baths
Home size: 2,400 sq ft
Lot Size: 7,406 sq ft
Added: 07/20/21, Last Updated: 07/20/21
Property Type: Single Family
MLS Number: MDMC2006772
Community: Rockville
Tract: CROYDON PARK
Status: Active
Location, location, location! This unique property is directly across from the (red line) Rockville Metro and MARC station and the ultimate commuter home as the government and more companies ask their employees to go back to the office starting in September. There will be a premium once again for living so close to the metro. Multiple opportunities make this house a great investment. This house is being sold as a rental property with wonderful tenants and can be a turn key income generating investment property or it can be the home in which you live. The current rent roll is $2450 per month. The tenants are on a month to month basis with 60 days notice to terminate after the next rental month begins. This home is large at approximately 2400 total finished sq. ft. and has 4 total levels, including a loft space. As you walk up to the house, you can enjoy off street parking in your own driveway and are greeted by an updated covered front porch finished in Trex. The main level of the home has a family room, dining room, large L shaped kitchen, which is rare in this area, an ante room, and a bathroom with a shower. There are also hardwood floors underneath the carpet on the main level. Upstairs the bedroom level features 3 bedrooms and 1 updated bathroom. From here, you can head up to the loft which features 2 rooms that can be used for storage, flex space, a home office or play space. The basement features a separate entrance with an updated retaining wall and a walkway with no stairs directly to the street. There is a bedroom and 3rd bathroom on the lower level, a kitchenette and washer / dryer. This can be configured into a separate and rentable space. The house has newer neutral paint throughout and awaits your finishing touches. There is also a deck that overlooks the level backyard. The value in this home is not only the location, but also in the shape of the lot, as it spans close to the entire block. The shape of the lot and location in proximity to neighboring properties makes it one of the 'must have' properties for developers who want to build townhomes or higher density living right across from the Metro as part of the 2040 Rockville plan. Simply, this home is situated on A+ prime real estate slated for development. In addition, this home is walkable to Rockville Town Center Starbucks, Regal Cinemas, an endless number of restaurants, and much more! Selling As-Is
Listed with Long & Foster Real Estate, Inc.