316 Main St, Gaithersburg, MD 20878

Gaithersburg
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
316 Main St,Gaithersburg, MD 20878
$1,195,000
  • 1 Beds
  • 4 Baths
  • 4,000 sq. ft.
  • Townhouse
  • Active
Listed by: elaine s. koch
Office: ttr sotheby's international realty
MLS#:MDMC2242228
Source:BRIGHTMLS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$298.75
  • Monthly HOA dues:$181

About this home

Rare opportunity in the heart of Kentlands! This unique four unit mixed use building offers exceptional potential for passive income in one of Montgomery County's most desirable and walkable communities. Featuring steady long term tenants in the retail spaces and second floor apartment, this property provides immediate income with tremendous upside. Recent high end renovations to the apartment and basement showcase quality finishes and thoughtful design. Live in the top floor residence while enjoying income from the other units, or add this exceptional asset to your investment portfolio. Just steps from Whole Foods, shops, restaurants, and all that Kentlands has to offer, this is truly a rare offering that combines lifestyle and investment potential. Income from day one, with room to grow. The first floor is leased to an established hair salon whose renewal options could extend through 2033, with 2% annual rent increases, a tenant-funded build-out, and two reserved parking spaces....

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Home facts

  • Year built:2001
  • Subdivision & Development:KENTLANDS MIDTOWN
  • Listing ID #:MDMC2242228
  • Added:121 day(s) ago
  • Updated:October 23, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:4
  • Full bathrooms:1
  • Half bathrooms:3
  • Basement:Yes
  • Basement Description:Fully Finished
  • Living area:4,000 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Natural Gas

Structure and exterior

  • Year built:2001
  • Building area:4,000 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick Front
  • Foundation Description:Concrete Perimeter
  • Levels:4 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$298.75
  • Tax amount:$12,807 (2025)

Parking

  • Parking description:Off Street

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