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700-A CHANEY Drive Takoma Park, MD 20912

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For Sale
$575,000

MULTI_FAMILY - Other - TAKOMA PARK, MD

Property size:
3,500 SF
Lot size:
0.18 Acres
Added:
Mar 20, 2026
Days on Market:
13
Last Refresh:
Apr 1 at 11:06 am

Property Features for 700-A CHANEY Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway
Standard status
Active
Size
3,500 SF
Lot size
0.18 Acres

Taxes and HOA fees

TaxAnnualAmount
8509

Utilities

Heating system
Other (Heating)
Cooling system
Central Air

Building Details

Year built
1937
Number of units
4
Architectural style
Other

We can help!

Listing Contact
Scott Sachs
Scott Sachs

Listing agent Scott Sachs License #601998

Listing office Compass 5471 WISCONSIN Avenue unit: 300, WASHINGTON, MD

Listing date Mar 20, 2026

MLS# MDMC2223176

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Five-Unit Multifamily Property in Takoma

Located on a quiet, tree-lined street in Takoma Park, this five-unit multifamily property presents an investment opportunity. The building features a mix of four one-bedroom apartments and one two-bedroom apartment, all occupied by professional tenants, providing a steady income stream. The property has classic charm and practical functionality, with ample parking and additional storage. The property backs directly to Sligo Creek Park, offering residents access to trails and green space. The property is a short distance from downtown Takoma Park's shops and restaurants. Strategic rent adjustments and expense management offer the potential to enhance cash flow. The property size is 3,500 square feet and the lot size is 0.1757 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Takoma Park
County
Montgomery
State
Maryland
Longitude
-76.9986714
Latitude
38.9827578

FAQs

What type of property is this?
Apartment building - Charming five-unit apartment building in Takoma Park, Maryland.
Where is this apartment building located?
The property is located at 700-A CHANEY Drive Takoma Park, MD.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Steady income stream from day one with all units occupied by professional tenants.; Rare direct access to Sligo Creek Park, offering scenic trails and a tranquil natural setting.; Located in the heart of Takoma Park, close to shops, restaurants, and community offerings.
More about this property
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