20 Ritchie Ave, Silver Spring, MD 20910

$1,260,000

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Sold Price
$1,260,000
List Price
$1,295,000
Closing Date
Oct 02, 2025
Status
CLOSED
MLS#
MDMC2157872
Lot Size (Acres)
0.5
Year Built
1966
County
Montgomery
School District
Montgomery County Public Schools

Property Description

An excellent investment opportunity awaits with this 9-unit apartment building, located just one mile from the vibrant downtown Silver Spring area. Each of the nine units boasts a spacious layout with 3 bedrooms and 2 bathrooms, offering comfortable living spaces that appeal to a broad tenant base. Key Features: Unit Configuration: All units feature 3 bedrooms and 2 full bath, providing versatile space for families, professionals, or roommates. Prime Location: Conveniently situated near shopping, dining, entertainment, and public transportation, with easy access to downtown Silver Spring ., Tacoma Park, and major commuter routes. Separately Metered: Each unit is independently metered for electricity, ensuring utility efficiency and enabling tenants to manage their own utility costs. Fully Occupied: The property is fully leased, providing immediate and consistent rental income. This property represents a turnkey investment with strong rental demand. Whether you're an experienced investor or looking to expand your portfolio, this apartment building combines prime location, functionality, and stable cash flow. Don’t miss the chance to own this fantastic income-producing property! Contact us today to schedule a viewing or request additional details.

Additional Information

School District
Montgomery County Public Schools
High School
Montgomery Blair
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of TTR Sotheby's International Realty. Contact:

Selling Office: Jobin Realty.