Welcome to 8216 Nolte Avenue, an extraordinary investment opportunity located in one of Silver Springs most desirable neighborhoods. A rare find in todays market, this fully detached, all-brick Colonial is a four-unit multifamily building situated on a coveted corner lotpositioned to command both exceptional attention and value.
This property is an investors dream, offering immediate cash flow and unmatched potential for those looking to maximize returns in one of Montgomery Countys most sought-after areas. With each of the four units in a single legal structure, the building streamlines ownership, simplifying management and maximizing operational efficiency.
Best of all there is NO HOA, offering complete freedom and flexibility for owners without the burden of additional monthly fees or restrictions.
Having undergone recent upgrades, including brand new carpet, fresh padding, and tacksthis property is move-in ready for tenants or positioned for minimal capital improvements, giving you the freedom to scale quickly.
Beyond its impeccable structure, the corner lot delivers a generous backyard with mature trees, adding a rare outdoor oasis in a multifamily property. Whether for tenant enjoyment or future development potential (subject to zoning approvals), the spacious lot offers multiple opportunities for value creation.
Strategically located just moments from downtown Silver Spring, this property is perfectly positioned to benefit from the areas strong rental demand, access to the Metro, and proximity to the DC line. The location is not only ideal for tenants but ensures steady long-term appreciation in a fast-growing market.
This income-generating asset is being offered strictly as-is, giving the discerning investor the opportunity to add their personal touch or leverage the buildings existing high-quality fundamentals for maximum returns.
An opportunity like this doesnt come oftentake advantage of this corner lot gem in one of the DMVs hottest real estate markets.
Presented By: United Real Estate
Interior Features for 8216 Nolte Avenue
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceEstimated
BasementSide Entrance, Walkout Stairs
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesKitchen - Galley
General for 8216 Nolte Avenue
Acceptable FinancingCash, Conventional, VA, VHDA, FHA, Other
AccessibilityNone
Architectural StyleOther
CitySILVER SPRING
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingCentral A/C
CountyMONTGOMERY
DirectionsFrom Washington, DC:
Take 16th Street NW north toward Maryland. Continue straight as it becomes Georgia Avenue (MD-97). Turn right onto Seminary Road. Drive approximately 1 mile, then turn right onto N
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