746 Thayer Ave

Silver Spring, MD 20910
  • $1,150,000

    Price
  • 6

    Bed
  • 0

    Bath
  • 2,788

    SqFt

About the Listing CBRB106 - 3053130

If you are a forward thinking investor looking for an instant cash flow asset with the long term vision to expand in an ever disappearing property class, this is the property for you! 3 unit Triplex, 11,000 square foot lot and $91,200 in gross income. 746 Thayer, blends historic charm with modern updates just steps to the Metro, shops, and restaurants, boasting a 96 Walk Score. All 3 units are registered rentals with Montgomery County and are fully occupied with strong tenant retention, reflecting consistent management and care. The main level (Unit 1) features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. Unit 2 the upstairs loft, offers 3 bedrooms and 1 bath, while Unit 3 on the lower level provides a 1-bedroom, 1-bath layout. The options are endless, just like the massive lot, live in one unit while the others generate income to offset your mortgage, or continue to lease all three for strong cash flow and long-term ROI or exercise a 1031 exchange for a true turnkey operational asset ready to go. The property includes parking for up to five vehicles and sits on a deep 11,000 sq ft lot with potential for an ADU or future expansion. Opportunities like this combining scale, location, stability, and upside are exceptionally rare. Act quickly.

Listing Highlights

Status Active
Days on Site 28
Property Type Multi-Family
MLS ® MDMC2223254
Year Built 1922
Total Square Footage 2,788
Lot/Acreage 0.25

Interior Details

  • Bedrooms: 6
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Radiator
  • Fireplaces: 1, 1 Fireplace
  • Floor:
  • Above Ground Sq Ft: 1988
  • Below Ground Sq Ft: 800
  • Basement: English
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Backs to Trees,Level,Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: R60
  • Roof:
  • Others: Very Good
  • Sewer: Public Sewer
  • Parking Features: Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $10,820
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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746 Thayer Ave Silver Spring, MD 20910

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Originating MLS: BRIGHT_MAIN

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