James HUGE Rental Income Potential in Rockville, $449,900 Ask, $700k Arv

From: MoveUp HomeBuyers <[email protected]>

304 Gruenther Ave, Rockville, MD 20851
Price: $449,900 • ARV: $695,000
95/100
Beds5
Baths3
Sqft2,504
Built1957
Rehab Est.$
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Original Email
Deal Details

Email from MoveUp HomeBuyers

SHOWING TODAY 1 TO 3PM     HUGE rental potential - 5 bed/3 bath main house, 2 two bedroom units, 1 one bedroom unit, Mostly Renovated Twinbrook Forest Opportunity | $449,900 Ask | $700k+ Arv |   304 Gruenther Ave, Rockville, MD 20851   DEAL AT A GLANCE Physical / MLS Configuration: Up to 8 Beds / 5 Full Baths Main Residence: Reported 5 Beds / 3 Full Baths Additional Living Area #1: 2 Beds / 1 Full Bath Additional Living Area #2: 1 Bed / 1 Full Bath Finished Living Area: Approx. 2,504 sqft Total Reported Structure: Approx. 2,840 sqft Year Built: 1957 Lot: Approx. 7,841 sqft / 0.18 acre Subdivision: Twinbrook Forest Zoning: R-60 Taxable Assessment: $499,500 Annual Taxes: Approx. $7,014

HOA: None reported Water / Sewer: Public Heating: Natural-gas forced air Cooling: Central A/C + ductless mini-splits Windows: Reported approx. 4 years old Fireplace: Yes Walkout Lower Level Multiple Driveway Parking Spaces

SHOWING - TODAY 1pm to 3pm   VIEW ADDITIONAL

PICTURES / VIDEO'S AND PROPERTY INFORMATION   BOOK A VIEWING PROPERTY DETAILS Why This Deal Works Huge rental potential Approx. $175 per finished sqft acquisition basis More than 2,500 finished sqft Property is already mostly renovated Large bedroom and bathroom capacity Multiple private living areas Separate rear access to additional living space Excellent multigenerational / extended-family potential Central HVAC plus supplemental mini-splits Updated windows reported Public water and sewer No HOA reported Strong 2026 renovated comp support Recent 2,400–2,600 sqft sales reaching $675K–$799K Property Overview 304 Gruenther Ave is a substantially larger-than-typical Twinbrook Forest home offering approximately 2,504 finished sqft and multiple private living areas. The main portion of the home is reported as a 5-bedroom / 3-full-bath residence, with two additional finished living areas providing another 2BR/1BA and 1BR/1BA physical configuration. The home has already undergone substantial renovation, making this more of a finish, punch, optimization and configuration opportunity than a traditional full-gut project. The size and flexible layout create a strong opportunity for a renovated retail flip targeting buyers seeking multigenerational living, in-law space, guest quarters, home-office flexibility, or private extended-family accommodations. Main Residence Reported 5-bedroom configuration 3 full bathrooms Mostly renovated interior Updated kitchen Renovated living areas Fireplace Multiple living zones Flexible bedroom / office space Natural-gas forced-air heat Central A/C Updated windows reported The home's multi-level layout provides substantially more finished living space and room separation than the typical Twinbrook-area house. Additional Living Areas One of the property's biggest differentiators is the amount of private secondary living space. Additional Living Area #1 2-bedroom physical layout Full bathroom Private living space Separate rear access Additional Living

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