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Silver Spring Triplex with Expansion Potential

746 THAYER Ave Silver Spring, MD 20910

746 THAYER Ave, Silver Spring, MD, 20910
$1,100,000
For Sale
$1,100,000

Three-unit property near Metro, shops, and restaurants with high income.

Lot Size0.25 Acres
Days on Market99

Property Features for 746 THAYER Ave

General Information

Standard status
Active
Lot size
0.25 Acres
Property subtype
Investment

Building Details

Year Built
1922
Listing Agency Coldwell Banker Realty - Washington
Listed by Harry N Dunstan III · License #SP98373104
Source Elliman
Added: Apr 10 Checked: Jul 16 at 9:12 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 Coldwell Banker Realty - Washington


Investment Insights

Based on property information with market context.

This three-unit triplex is located steps from the Metro, shops, and restaurants, and has a Walk Score of 96. All three units are registered rentals with Montgomery County and are fully occupied. The main level unit features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. The upstairs loft unit offers 3 bedrooms and 1 bath, while the lower level unit provides a 1-bedroom, 1-bath layout. The property includes parking for up to five vehicles and sits on an 11,000 sq ft lot with potential for an ADU or future expansion. The property generates $91,200 in gross income. The location has a bike score of 82, indicating it is very bikeable, and a transit score of 87, indicating excellent transit options.

Key Highlights

  • High Gross Income: $91,200 annually from a fully occupied triplex.
  • Large 11,000 sq ft lot with potential for ADU or expansion.
  • Prime Location: Steps to Metro, shops, and restaurants with a 93 Walk Score.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Furniture & Home Goods Carpet & Flooring Store Florist Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service

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

FAQs

What type of property is this?
Triplex - Three-unit property near Metro, shops, and restaurants with high income.
Where is this triplex located?
The property is located at 746 THAYER Ave Silver Spring, MD.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High Gross Income: $91,200 annually from a fully occupied triplex.; Large 11,000 sq ft lot with potential for ADU or expansion.; Prime Location: Steps to Metro, shops, and restaurants with a **93 Walk Score.**
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