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1021 University Blvd E Silver Spring, MD 20903

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For Sale
$2,900,000

Six updated units near Purple Line stop with income potential.

Building Details

Year built
1954
Source: Corcoran

Listing Agent: Stacie Hatziyannis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

University Blvd Multifamily Investment Opportunity

This freestanding brick building offers an investment opportunity with six updated units, all currently occupied by long-standing tenants. The property is located on University Blvd, near the planned Purple Line stop, slated to open in Fall 2027. A parking lot wraps around the building to the side street. The property includes a permitted food truck, which generates additional income. The building features separately metered, heavy-upped electrical systems.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

La Migueleña Mexican Restaurant Abogados Sanabria & Associates Immigration Attorney American Preferred Insurance ... Insurance Agency MOLIMAR TRAVEL & TAX ... Serviced Accommodation Big Louie Bail ... Bail Bonds Service

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Silver Spring
County
Montgomery
State
Maryland
Longitude
-76.9902116
Latitude
38.9908328

FAQs

What type of property is this?
Apartment building - Six updated units near Purple Line stop with income potential.
Where is this apartment building located?
The property is located at 1021 University Blvd E Silver Spring, MD.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: - Prime location on University Blvd at future Purple Line stop (slated to open Fall 2027).; - Six updated units with long-standing tenants.; - Freestanding brick building with a parking lot.
More about this property
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