Description
Rare Development Opportunity in Prime Olney Residential Location!This unique offering includes both an R200-zoned parcel of land and a charming Cape Cod-style home, providing an ideal investment/development opportunity. Together, these parcels-one with a single-family home & Detached Garage built in 1957 and the other as additional land-offer a total of 2.98 acres (1.5 acres + 1.48 acres) potential for 5 total lot subdivision. Existing Home Features: Living Space: 1,818 sq. ft. above grade, Unfinished Basement:1,511 sq. ft. with mechanical storage and laundry area, Bedrooms: 4 total (2 on the main level, 2 on the upper level) Bathrooms: 2 full bathrooms (one on each level) Additional Spaces: Living room, dining room, family room, and an enclosed rear porch Side Porch & Deck (decking requires replacement; please exercise caution when viewing) Detached two-car garage for added convenience, Brick and vinyl siding, Gutters & Downspouts: Aluminum, Windows: Metal double-hung. HOME & LAND SOLD STRICTLY "AS IS" Public water and sewer is on the street, buyer is responsible for any further future development process & utilities connections fees associated with the purchase . Don't miss this opportunity to invest in a versatile property in a desirable Olney location! Cross listed in Residential Bright id # MDMC2155786 FIRST OPEN HOUSE 11/17/24 12-2PM.
Details
| MLS # | MDMC2155798 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending-bright |
| Days On Site | 678 |
| Listing Provided By | Long & Foster Real Estate, Inc. | Alecia R Scott |
Features
| Zoning | R200 |
|---|---|
| Acreage | 1.48 |
| Property View | Trees, Woods, Street |
Exterior
| Lot Features | Trees/Wooded |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | None |
|---|
Taxes
| Tax Annual Amount | 2591 |
|---|
Area Information
| State | MD |
|---|---|
| County | MONTGOMERY MD |
| City | OLNEY |
| Zip Code | 20832 |
| Area | MONTGOMERY MD |
| School District | MONTGOMERY COUNTY PUBLIC SCHOOLS |
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Learn More About This Property
| State | MD |
|---|---|
| County | MONTGOMERY MD |
| City | OLNEY |
| Zip Code | 20832 |
| Area | MONTGOMERY MD |
| School District | MONTGOMERY COUNTY PUBLIC SCHOOLS |
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