8511 Flower Ave, Takoma Park, MD 20912

$925,000
1,972
SqFt

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List Price
$925,000
Price Change
▼ $50,000 1777489504
Days on Market
299
MLS#
MDMC2198906
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Style
Colonial
Year Built
1939
County
Montgomery
Neighborhood
Neff Tract
Subdivision
Neff Tract

Property Description

Exceptional, newly renovated 3-unit property (multi-family zoned) in Takoma Park’s sought-after Between the Creeks neighborhood—an outstanding investment with the flexibility to live on-site. This solid brick colonial features three independent apartments, giving you the option to lease each for income, or reside in one while renting the others to substantially offset housing costs. The renovated main and upper-level units each include two bedrooms and one full bath. Both are freshly painted and feature new luxury vinyl plank flooring, recessed lighting with updated fixtures, and quartz kitchens with stainless steel appliances, combo washer/dryer units. Fireplaces, and updated bathrooms complete the picture - each unit also offers a bright living room and a separate dining room. The lower level, with a private entrance, is a one-bedroom, one-bath apartment that includes new flooring, a spacious granite eat-in kitchen, a large storage room with a separate washer and dryer, and access to a private patio. All three units are separately metered for gas and electricity. A detached garage with three bays—one designated for each unit—adds valuable parking and storage. Ideal for investors or homeowners looking to build equity, this property delivers a rare combination of rental potential and residential flexibility. This truly remarkable property offers wonderful urban living just moments from all the vibrant amenities of Takoma Park and lively Long Branch. This home’s location combines the best of urban accessibility with access to nature. Situated just steps to Sligo Creek’s bike and walking trails, parks, and playgrounds, Koma café, the forthcoming Purple Line, and readily accessible to the Red Line metro, your just a hop, skip and a jump to Takoma Park's historic business district . The property is in close proximity to both downtown Takoma Park and downtown Silver Spring and all the amenities these locations offer, including restaurants, coffee shops, farmers markets, gyms, and live music venues.

Additional Information

Acres
0.13
Lot Size
5,662
Living Area
1,972
Elementary School
Rolling Terrace
Middle School
Silver Spring International
High School
Montgomery Blair
Appliances
Oven/Range - Gas, Refrigerator, Microwave, Stainless Steel Appliances
Cooling
Window Unit(s), Ceiling Fan(s)
Heating
Radiator
Basement
Yes
Taxes
$7,317

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Listing courtesy of Perennial Real Estate. Contact: (301) 450-6999