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$1,500,000
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Property Description
INVESTOR ALERT!***9 UNIT BUILDING Commercially Zoned***Fenton Village, Silver Spring, Maryland***RARELY OFFERED ***HIGHLY DESIRABLE ***Retail and Residential (Mixed Use) Property***6 Delightful Residential Rental Units***Charming, comfortable and spacious floor plans.***3 Popular and Impeccably Maintained Retail Stores --- rents received during COVID-19 !***Gourmet Market/ Restaurant ***Beauty Salon***Barber Shop***CORNER LOT***Highly Visible Store Frontage***INCOME PRODUCING***Long time tenants ***All residential and one commercial space on month to month terms.***Condo Conversion Opportunity***Substantial Untapped Rental Income and Owner s Equity***IDEAL LOCATION ***HOT, up and coming Fenton Village neighborhood!***Close to parks, schools and downtown Silver Spring.***Blocks from New Sligo ArtSpace and Retail Center***Montgomery College ***Takoma Park***Close to CBD yet Quaint and Quiet.***MUST SEE to APPRECIATE!***Sold AS-IS. Agents please showing contact for showings.
Full Property Details
Full Property Details for 617 Sligo Ave
General
- Sold For: $1,500,000
- Taxes: $11,151 (2021)
- Status: Closed
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: MDMC716614
- Added to Site: 2, 053 day(s) ago
Business
- Business Type: Apartment Building, Hair Salon and Spa, Restaurant/B
Interior
- Flooring: Hardwood
Parking
- Total Spaces: 3
- Parking Type: Driveway, On Street, Parking Lot
Location
- County: Montgomery
- Driving Directions: Heading north on Georgia Ave, turn right on Sligo Ave, building on left.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Phone Available
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1938
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,968
- Lot Size Source: Assessor
- Zoning: CRT07
Financial Considerations
- Price Per Sq. Ft.: $300.72
- Assessment Year: 2021
- County Tax: $9,405
- County Tax Freq: Annually
- Tax w/Assessment: $853,100
- Tax Amount: $11,151
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 1
Listed by Fairfax Realty Select, Otoniel Larios
Sold by Jobin Realty, Endeela Khaliqi
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Schools
Schools serving 617 Sligo Ave
School District:Montgomery County Public Schools, Gaithersburg, MD
| Name | Grades | Distance |
|---|---|---|
East Silver Spring Elementary School 631 Silver Spring Avenue, Silver Spring, MD 20910 | PK-5 | 0.1 mi |
Takoma Park Middle School 7611 Piney Branch Rd, Silver Spring, MD 20910 | 6-8 | 0.4 mi |
Montgomery Blair High School 51 University Boulevard East, Silver Spring, MD 20901 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 617 Sligo Ave
Date
Details
Price
Change
Source
3/07/2023
Sold
$1,500,000
-33.33%
MLS
7/15/2020
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
617 Sligo Avenue, Silver Spring, MD 20910 (MLS# MDMC716614) is a Business property that was sold at $1,500,000 on March 07, 2023. Want to learn more about 617 Sligo Avenue? Do you have questions about finding other Business real estate for sale in Silver Spring? You can browse all Silver Spring real estate or contact a Coldwell Banker agent to request more information.

