12220 Centerhill St Silver Spring, MD 20902

This colonial multifamily property in Silver Spring, MD, presents a turnkey investment opportunity. The property includes a main house and two studio apartments, offering immediate rental income potential. One studio is currently rented, while the other is available, along with the main house. The main house could potentially rent for between $2,000 and $3,000 per month, and each studio apartment could generate over $1,000 per month. The property features a balcony with French doors leading to the dining room, and a large rear deck suitable for gatherings. A cabana with a fireplace is located in the backyard. The master suite includes two walk-in closets and an electric fireplace. The upstairs bathroom features black and white ceramic tile with a black tile floor. The kitchen, renovated in 2020-2021, includes granite countertops, stainless steel appliances, and upgraded cabinets. The living room, dining room, and kitchen feature an open-concept design. Blonde hardwood flooring was installed on the first floor in 2010. The finished basement, completed around 2012, includes a snack bar in the bedroom area, two bedrooms (one with a walk-in closet), and a full bath with a ceramic shower stall. The rear of the basement has been converted into a studio apartment with a bedroom and bath. The back of the first floor has been partitioned off to create another studio apartment with a bedroom, full bath with a ceramic shower, and a kitchenette. The property includes decorative built-in shelving, a wine glass holder above the downstairs snack bar, exterior lighting along the brick walkway, a wrought iron gate, a producing apple tree, and a long stick-built shed. The pitched roof was replaced 2 years ago with architectural shingles, and the studios were remodeled 2 years ago. The master bedroom was renovated in 2012, the hot water heater is 3 years old, and the furnace is 4 years old. The home has approximately 3100 square feet of living space. The property is located within walking distance to a bus stop and a longer walk to the Glenmont and Wheaton metro stations, and is a few blocks from Wheaton High School and Vocational School. The lot size is 0.08 acres.