5005 Rugby Ave, Bethesda, MD 20814

$1,010,000
4
BD
3
BA
1,552
SqFt
Sold Price
$1,010,000
List Price
$950,000
Closing Date
Mar 29, 2024
Status
CLOSED
MLS#
MDMC2121504
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
1,552
Lot Size (Acres)
0.13
Style
Colonial
Year Built
1938
County
Montgomery
School District
Montgomery County Public Schools

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.

Additional Information

Subdivision
Bethesda
School District
Montgomery County Public Schools
Fireplaces
1
Heating
Radiator(s)
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Basement
Exterior Entry, Full, Connecting Stairway, Exterior Entry, Interior Entry

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass. Contact:

Selling Office: Long & Foster Real Estate, Inc..