501 Copley Ln, Silver Spring, MD 20904

$395,000
3
BD
2
BA
1,408
SqFt

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List Price
$395,000
Days on Market
7
Status
PENDING
MLS#
MDMC2228036
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,408
Lot Size (Acres)
0.9400000000000001
Style
Ranch/Rambler
Year Built
1951
County
Montgomery
School District
Montgomery County Public Schools

Property Description

Investor special with serious upside. This 3-bedroom, 2-bath home sits on nearly 0.94 acres and is primed for a full renovation. Being sold strictly “as-is,” this property offers a rare opportunity for contractors, flippers, or savvy investors looking to unlock value through a complete rehab. The home features a traditional layout ready for a modern redesign. A glassed-in back porch off the living room adds additional square footage and potential for a bright, reimagined living space. The secondary bathroom located in bedroom #3 was converted into office space but can easily be converted back to a full bathroom. The attached 2-car garage and extended parking provide added convenience. Seller has not made any repairs or updates since purchasing the property. Most major systems (including plumbing and electrical) are outdated and require replacement; Roof and gutters approx. 2007; Furnace/AC 1997; Appliances 2018, reinforcing the need for renovation but also offering a clean slate for upgrades tailored to today’s standards. The flat lot presents possibilities for expansion, outdoor enhancements, or even potential alternative uses such as assisted living, home office extension or ADU addition (subject to zoning). The possibilities are endless. Bring your vision—this is a project with strong potential in a desirable setting. 48-hour notice required for all showing appointments. Do not contact the seller or visit the property without an appointment. Property is being sold “As-Is” and the price reflects the current condition. Short Sale- all terms and conditions subject to lender approval.

Additional Information

Subdivision
Paint Branch Farms
Short Sale
Yes
Taxes
$6598
Interior Features
2nd Kitchen, Carpet, Dining Area, Floor Plan - Traditional
School District
Montgomery County Public Schools
Fireplaces
1
Garage
Yes
Garage Spaces
2
Heating
Heat Pump(s)
Heating Fuel
Oil
Cooling
Central A/C, Ceiling Fan(s)
Roof
Composite
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: