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8512 GLENVIEW AVENUETAKOMA PARK, MD 20912

Commercial · 8,500 Sq. ft. | 0.12 Acres
$997,000 ACTIVE

8512 GLENVIEW AVENUE Overview

Time on Site:
977 days
Visits:
1

This is wonderful investment opportunity.Fully occupied apartment building .Property NEEDS complete RENOVATION and is placed under Montgomery county Trouble Property.Investor will appreciate the quality and good history of ON TIME RENT PAYMENT. It's sold strictly AS IS 5 APARTMENTS OF 2 Bedrooms and 1 Bath each. Back on the Market. Property has an extra lot worth more than two hundred and eighty K That's an extra equity for the new buyer.

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8512 GLENVIEW AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 8,500
  • Price/Sq.ft. $117
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Operating Expense Includes: Heating/Cooling,Insurance,Landscaping,Pest Control,Repair/Maintenance,Trash,Water,Other

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1940

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • In City Limits: Yes
  • Subdivision Name: WHEATON OUTSIDE

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • County Tax: 4710.08
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $6,258.20
  • Tax Assessed Value: 1145000.00
  • Tax Year: 2013

General Information

  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2023
  • Zoning: R10

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 8500.00
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Other
  • Cooling: Other, Window Unit(s)

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Acres: 0.12
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 5244.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer
  • Water Access: No

8512 GLENVIEW AVENUE Neighborhood

Community

20912 (TAKOMA PARK) Demographics

36
Median Age
9,382
Population Density (per sq. mile)
57%
College Educated
$68,662
Estimated Median Income
3,782
Estimated Total Home Owners
5,545
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

8512 GLENVIEW AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8512 GLENVIEW AVENUE Market Data

Based on the last 30 days in this zip code

$603,583
Average List Price
$349
Average Price per Square Foot
16
Properties Sold
71
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network

8512 GLENVIEW AVENUE History

Date Event Value Agent
5/13/2025Source: BRIGHT MLS Price Reduction
$997,000 -9.4%
3/31/2025Source: BRIGHT MLS Price Increase
$1,100,000 2.8%
3/31/2025Source: BRIGHT MLS Status Change
ACTIVE
2/17/2025Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE
12/3/2024Source: BRIGHT MLS Added to Database
October 26, 2023
Listing provided courtesy of Fairfax Realty Premier- MLS# MDMC2111512MLS ProviderContact Information: [email protected] - 3014399500