701 Fallsgrove Dr #101, ROCKVILLE, MD 20850

Fallsgrove home for sale in Rockville, MD! 1 bedroom, 1 bathroom ground-level unit with in-unit laundry, outdoor space, new flooring, and new water heater. This is a rarely-available MPDU (Moderately Priced Dwelling Unit) with subsidized condo fees, water included, and income restrictions removed (new owner must still abide by MPDU program rules). Requirements to be eligible to purchase: (1) buyer is first time home buyer; (2) the home remains the buyer's primary residence only for duration of ownership or 30 years (whichever comes first); (3) buyer must qualify for financing - lender does not have to be MPDU approved; (4) selling the home before the 30-year period must follow the City of Rockville's guidelines for re-selling the MPDU.