Two-Bedroom Residential Income
For Sale
$650,000
5802 NICHOLSON LN #1203, Rockville, MD 20852
ROCKVILLE, MD
Property SizeContact for details
Days on Market34
Property Features for 5802 NICHOLSON LN #1203
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2
Subdivision
THE FALLSWOOD CODM
Elementary school
GARRETT PARK
Middle school
TILDEN
High school
WALTER JOHNSON
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
outdoor pool
tennis court
exercise room
gated environment
private balcony
electric fireplace
built-in cabinetry
upgraded kitchen
window treatments
laundry closet
caged storage unit
Building Details
Year built
1985
Listing Agency:
Chevy Chase Circle
(202) 966-1400
Listed By:
Cindy Souza · License #510987
(301) 332-5032
Added: Sep 8
Changed: Oct 10
Last Checked: Oct 11 at 11:06PM
MLS# MDMC2249568
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 two-bedroom, two-bathroom residence is in Fallswood Condominium. Its living and dining areas share an open layout, with an electric fireplace and built-in cabinetry. The kitchen has upgraded cabinets and countertops, plus a separate table space. The primary bedroom includes an en-suite bath, walk-in closet, and built-in storage; the second bedroom has a double-door closet. A private balcony offers south- and west-facing views, with a utility closet for additional storage. The unit also includes a basement storage cage and front-loading washer and dryer.
Building amenities include an outdoor pool, tennis court, and exercise room in a gated community. Parking consists of an assigned, separately deeded tandem space for two cars in the basement garage. North Bethesda Metro public buses provide nearby transit access.
Building amenities include an outdoor pool, tennis court, and exercise room in a gated community. Parking consists of an assigned, separately deeded tandem space for two cars in the basement garage. North Bethesda Metro public buses provide nearby transit access.
Key Highlights
- Two bedrooms and two bathrooms
- Open living and dining area with an electric fireplace and built‑in cabinetry
- Private balcony with south- and west‑facing views and a utility storage closet
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,189
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A high-rise residence combines private outdoor space with building amenities and tandem garage parking.
Where is this residential income property located?
The property is located at 5802 NICHOLSON LN #1203 Rockville, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms; Open living and dining area with an electric fireplace and built‑in cabinetry; Private balcony with south- and west‑facing views and a utility storage closet
