12220 CENTERHILL Street Silver Spring, MD 20902
MULTI_FAMILY - Colonial - SILVER SPRING, MD
Property Features for 12220 CENTERHILL Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking
- 3
- Parking features
- Driveway
- Interior features
- Bar, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Kitchenette, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors
- Fireplace
- 1
- Appliances
- Dishwasher, Dryer, Dryer - Electric, Dryer - Front Loading, ENERGY STAR Refrigerator, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, WaterHeater
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4300
Utilities
- Heating system
- Forced Air
- Cooling system
- Ductless, Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1950
- Number of units
- 3
- Building materials
- Frame
- Architectural style
- Colonial
Listing agent Erica J Terry License #597712 (301) 996-2536
Listing office Berkshire Hathaway HomeServices PenFed Realty 805 King Farm Boulevard unit: 105 A, Alexandria, MD (301) 948-4811
Listing date Jun 20, 2026
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.
Investment Insights
Based on property information with market context.
Outside, the property includes a well-maintained front yard and a serene rear yard, plus a porch and deck to support outdoor use. Storage and versatility are supported by an additional cabana and shed. Off-street parking is provided by a private concrete driveway accommodating up to three vehicles.
Located in Silver Spring, Maryland within Montgomery County, this home is positioned for tenants or owner-occupants seeking a renovated, well-equipped layout with multiple bedrooms and practical in-home amenities. With outdoor space, expanded indoor use from the finished basement, and dedicated off-street parking, it can fit a range of household needs while maintaining a comfortable, established residential setting.
Key Highlights
- Renovated Colonial twin home built in 1950 with 6 bedrooms and 4 full bathrooms
- Fully finished basement plus main‑floor laundry for added everyday convenience
- Kitchen with stainless steel appliances, upgraded countertops, and combination kitchen/dining area
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.8k | $32.28 |
| − Vacancy | −$6.8k | −$2.26 |
| EGI | $90.1k | $30.02 |
| − OpEx | −$40.5k | −$13.51 |
| NOI | $49.5k | $16.51 |
