301 Central Ave, GAITHERSBURG

$949,900

0 Beds
0 Baths
3,770 Sqft
.99 Acres
0 Garages

Welcome to 301 Central Ave. A rare gem offering incredible versatility in a prime Gaithersburg location near Washington Grove and the MARC train, with Shady Grove Metro just a short drive away. This unique property sits on a picturesque, 1-acre lot and presents endless possibilities: transform it into a grand single-family residence or keep it as an approved 4 unit multifamily building. The main level is the primary residence, featuring expansive living areas, two updated full baths, 2-3 bedrooms, a large enclosed wraparound porch, one full kitchen and one bar with the potential of the bar being converted to a second kitchen. Upstairs, you'll find three fully equipped 1-bedroom, 1-bath apartments, two of which are currently being leased until June 2024. The property boasts a newly paved entrance with parking for 10+ vehicles and stunning park-like grounds perfect for outdoor enjoyment. Whether you're envisioning a spacious single-family home with 5-6 bedrooms and 5 baths, a lucrative multifamily investment, or a combination of both, this property is brimming with potential. Schedule your private tour today! Advance notice required—contact the listing agent for details.

Essential Information
MLS® #MDMC2180554
Price$949,900
Bathrooms0.00
Square Footage3,770
Acres0.99
Year Built1920
TypeMulti-Family
Sub-TypeOther, Detached
StyleFarmhouse/National Folk
StatusActive
Community Information
Address301 Central Ave
CityGAITHERSBURG
CountyMONTGOMERY-MD
StateMD
Zip Code20877
Amenities
AmenitiesEntry Lvl BR
Interior
HeatingHeat Pump(s)
CoolingHeat Pump(s)
FireplaceYes
# of Fireplaces2
Appliances

Stove, Microwave, Dishwasher, Disposal, Dryer, Washer

Exterior
ExteriorFrame
FoundationPermanent
District

MONTGOMERY COUNTY PUBLIC SCHOOLS

Additional Information
ZoningR200
Listing Details
OfficeRedfin Corp
Office Contact3016586186
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Listing information last updated on May 16th, 2025 at 3:15am EDT.

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