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Charming house on corner lot conveniently located in Montgomery County in the Oakview subdivision in Silver Spring. This all brick, well-maintained, and recently remodeled rambler is a rare find that features a finished, income-producing studio apartment with a full-size kitchen and separate entrance with private parking. The main level includes a living room and dining area with a wood burning fireplace and large oversized windows, 3 bedrooms, a full bath, and an eat-in kitchen. The inviting front porch provides an ideal spot to unwind. The large finished basement is mostly above ground and allows for plenty of natural light into the charming studio apartment. The studio has an open concept floor plan including a unique brick bar for entertaining, a full-size kitchen, living room, full bath, den/office, and plenty of storage space. It has a separate entrance from the rear yard and private off-street driveway. This studio unit can generate for the owner approximately $1,600+ per month (or $19,000+ per year). With the University of Maryland nearby, there is tremendous demand for such type of rentals. The laundry room is centrally located in the foyer of the lower level. The fenced backyard includes a patio and space for gardening and outdoor activities. Because this home is situated on a corner lot, it offers plenty of front and side parking options in addition to the private driveway. Conveniently located near shopping and restaurants, this house offers easy access to major highways including the Beltway (495), I-95, New Hampshire Avenue, and Route 29, making it an easy commute to University of Maryland, downtown Silver Spring, Rockville, Bethesda, and the entire Washington, D.C. metro area. The Property is located in the Montgomery County school district.
This listing courtesy of:
Mr. Lister Realty, Jeremy Michael McDonough
Your BAH amount is for the military housing area.
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$--- Est. Payment - $--- BAH = $--- Remaining
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44.06% of housing units are renter occupied.
4.44% are vacant.
The median travel time to work is 27 minutes.
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.