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One-Bedroom Residential Income Property
For Sale
$295,000

5800 NICHOLSON LN #1-604, Rockville, MD 20852

ROCKVILLE, MD

Property SizeContact for details
Days on Market81

Property Features for 5800 NICHOLSON LN #1-604

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 1
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 1
Subdivision FALLSWOOD
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

concierge service
security
gated community

Building Details

Year built 1985
Listing Agency: One Bethesda
Listed By: Dorie Glass
Added: Jun 18 Changed: Aug 31 Last Checked: Sep 6 at 5:06AM
MLS# MDMC2231694

Copyright © 2026 Long & Foster Real Estate. 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.

This one-bedroom, 1.5-bath residence features refreshed living and bedroom areas with new paint, ceramic tile, and wide-plank luxury vinyl flooring. Expansive windows bring natural light into the home, while the table-space kitchen includes new stainless-steel appliances, ample cabinetry, and a pantry. The primary suite offers two closets, including a walk-in, Hunter Douglas blackout shades, and an updated en-suite bath. A foyer powder room, in-unit washer and dryer, replaced sliding glass doors, and private balcony add convenience. The residence is positioned near the elevator and includes a reserved garage space plus additional storage.

The gated community provides concierge service and security along with a pool, tennis court, rooftop grilling areas, sundeck, library, party room with kitchen, and fitness center with separate locker rooms. The property is located just off Rockville Pike near Whole Foods, Starbucks, and Pike Rose, with access to Metro, major commuter routes, and downtown Washington, DC.

Key Highlights

  • One‑bedroom, 1.5‑bath residence with private balcony
  • New stainless‑steel kitchen appliances, abundant cabinetry, and pantry
  • Updated en‑suite bath, two primary‑suite closets, and blackout shades

Property Analytics

Current Use

Better Body Fitness Gym & Fitness Center Fridling Gail Medical Clinic Rebekah Milford Marketing Advertising Agency Fallswood Condominium Condominium Complex Senior John R ... Physician

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Butcher Restaurant Fish Market Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,189
Businesses Nearby

Demographics for 20852, MD

48,347
Population
23,023
Households
2.1
Avg Household Size
38
Median Age
74%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,969
Density / Sq Mi
$121,496
Median Household Income
$74,519
Median Earnings
$2,212
Median Rent
$646,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Updated residence with private balcony, garage parking, storage, and extensive community amenities.
Where is this residential income property located?
The property is located at 5800 NICHOLSON LN #1-604 Rockville, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: One‑bedroom, 1.5‑bath residence with private balcony; New stainless‑steel kitchen appliances, abundant cabinetry, and pantry; Updated en‑suite bath, two primary‑suite closets, and blackout shades
More about this property
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