1XXXX Georgia Ave Silver Spring MD 20906 Available

  • $520000
  • 7 beds
  • 3 baths
  • 2075 sqft

💰 Rare Silver Spring Opportunity | 7BD/3BA Split-Level SFH | $520K/$720K+ ARV

⭐ Property Features

  • Home Type: Single-Family Home (Split-Level)
  • Bedrooms/Bathrooms: 7 Bedrooms / 3 Full Bathrooms
  • Square Footage: 2075 sq ft
  • Lot Size: 0.34 Acres
  • Basement: Semi-finished; includes a bedroom; sump pump replaced; minor cosmetic work needed on lower walls and flooring
  • Parking: Large concrete pad driveway; shed on property
  • Condition: Good overall; updated mechanicals and cosmetics throughout; kitchen functional and modernized, but could use a refresh; basement needs cosmetic finish work
  • HVAC: New air conditioning unit
  • Plumbing: Updated; sump pump replaced
  • Roof/Structure: New roof with solar panels
  • Windows: 11 new windows
  • Flooring: Hardwood floors and light-stained carpet throughout
  • Kitchen Features: Modernized; not dated; cosmetic update opportunity
  • Year Built: 1958

___________________________________________________________________________________________________________________📍 Location Highlights

Located directly off Georgia Avenue, a primary arterial corridor in Montgomery County connecting Silver Spring to Olney and beyond. The property sits adjacent to park and planning land on one side, providing no shared neighbors on that boundary and a strong curb presence with direct Georgia Avenue access.

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🔧 Investor Notes / Value-Add Potential

  • Light-to-moderate rehab needed; major mechanicals, roof, windows, and bathrooms are all recently updated within the last one to two years — primary remaining scope is cosmetic finish work in the basement and a kitchen refresh
  • 7-bedroom layout in Montgomery County is a strong rental asset — high bedroom count supports group home, large family rental, or accessory dwelling use, depending on zoning
  • Asking at $520K against a $720K+ ARV creates a $200K+ gross spread before rehab costs
  • Solar panels on the new roof add potential energy offset value for future buyer or tenant
  • Fix-and-flip targeting retail resale or buy-and-hold for strong Montgomery County rental demand

💰 Investor Numbers

ARV: $720K+
Asking Price: $520K
EMD: $7500


🏚️ ARV COMPS:


📝 Access Policy

  • To respect the seller and streamline the process, we prioritize buyers who provide a preliminary offer range, proof of buying criteria, or, when applicable, proof of funds.
  • Showings are limited and offered only to buyers who indicate they are prepared to perform within reasonable proximity to the listed price expectations

📍 INVESTOR DISCLOSURES

  • As always, we co-op with all agents
  • All offers via our wholesale assignment contract (not a sale of equity).
  • Cash / Hard Money / Private Money only.
  • Proof of funds required.
  • EMD: $7500 within 24 hrs of contract acceptance.
  • Closing with Lakeside Title Company.
  • As-Is sale; buyer to perform due diligence
  • Expected settlement: July 31st, 2026

CLICK TO MAKE AN OFFER 

📞 Questions Before Submitting an Offer?

Contact our dispositions manager:

Emerson– Dispositions Manager
📱 Call/Text: (443) 278-0643
📧 emerson@crofmaryland.com

Price:
$520000
Address:
1XXXX Georgia Ave
Silver Spring, MD 20906
Square Feet:
2075
Lot Size:
0.34 Acres
Bedrooms:
7
Bathrooms:
3
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1958
Basement:
Partially Finished

Call 443-278-0643 for more details

Property Location