Leave a Message

Thank you for your message. We will be in touch with you shortly.

20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
SEE ALL PHOTOS
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
20 Ritchie Ave
For Sale

20 Ritchie Ave

20 Ritchie Ave, Silver Spring, MD 20910

$1,295,000
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.

7,200 Sq.Ft. LIVING AREA

0.5 Acres lot

Nicola Taylor

Nicola Taylor

Features & Amenities

Interior

  • APPLIANCES Electric Water Heater

Area & Lot

  • Status For Sale
  • Living Area7,200 Sq.Ft.
  • Lot Area0.5 Acres
  • MLS® IDMDMC2157872
  • TypeCommercial
  • YEAR BUILT1966

Exterior

  • STORIES3
  • water SourcePublic
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$1,295,000
  • Real Estate Tax $19,831/yr
  • Zoning County Use Code 113

Let's Work Together

As an accomplished real estate consultant and investor in the greater Washington, D.C. area, Nicola has more than thirteen years of experience. She is a radiant, warm and joyful Jamaican native who has grown her career over the past decade with an abundance of sold homes in the greater Washington D.C. area.