Bought with Karen Kuchins • Long & Foster Real Estate, Inc.
$1,010,000
$950,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
1,552 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $1,010,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,552 sqft
Price per Sqft $650
Subdivision Bethesda
MLS Listing ID MDMC2121504
Sold Date 03/29/24
Style Colonial
Bedrooms 4
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,552
Year Built 1938
Available Date 2024-03-08
Annual Tax Amount $9,799
Tax Year 2023
Lot Size 5,501 Sqft
Acres 0.13
Property Sub-Type Detached
Source BRIGHT
Property Description
LOOKING FOR SWEAT EQUITY in a GREAT LOCATION? Attention fixer-uppers, developers, and investors! This property is located at 5005 Rugby Ave, Bethesda, MD. and it presents an exciting opportunity for those looking to build equity and make a smart investment. Located in the Woodmont Triangle neighborhood of downtown Bethesda, this single-family home is being sold AS-IS and offers great potential for a fix/ flip project, rental income or tear down and rebuild! Possibilities are endless.
Rugby Avenue is ideally situated as a quiet residential street, providing easy access to everything in the Woodmont Triangle area. Currently, the home is occupied by tenants on a month to month lease, they can stay or go depending on new owners needs. Additionally, there is a shared driveway with ample parking at the back of the house, adding convenience for tenants or future occupants.
While the property will require some rehab work, it has "good bones"! There is also the potential for a tear-down and redevelopment. Whether you're looking to renovate and flip, hold for rental income, or explore development opportunities, this property offers a range of possibilities.
Don't miss out on this fantastic location and the potential this property holds for those with a vision for real estate investment and development in downtown Bethesda! Offer Deadline Monday 3/11 by 5PM.
Location
State MD
County Montgomery
Zoning R60
Rooms
Basement Outside Entrance, Full, Connecting Stairway, Rear Entrance, Interior Access
Main Level Bedrooms 4
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Montgomery County Public Schools
Others
Senior Community No
Tax ID 160700437613
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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