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University Blvd Multifamily Investment Opportunity

1021 University Blvd E Silver Spring, MD 20903

1021 University Blvd E, Silver Spring, MD, 20903
$2,900,000
For Sale
$2,900,000

Six updated units near Purple Line stop with income potential.

Days on Market439

Property Features for 1021 University Blvd E

General Information

Standard status
Active

Building Details

Year Built
1954
Listing Agency BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY
Listed by STACIE HATZIYANNIS · License #SP101472
Source Corcoran
Added: May 8, 2025 Checked: Mar 16 at 9:09 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY


Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

La Migueleña Restaurant Abogados Sanabria & Associates Law Firm American Preferred Insurance ... Insurance Agency MOLIMAR TRAVEL & TAX ... Hotel & Motel Big Louie Bail ... Law Firm

Suggested Use

Real Estate Agency Building Supply Storage Facility Garden Center Plumbing Service Gym & Fitness Center Big Box & Wholesale Store Electrical Service Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

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

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.
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