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Gaithersburg MD Real Estate & Homes for Rent

35 Properties Found

The median home value in Gaithersburg, MD is $505,000. This is lower than the county median home value of $515,000. The national median home value is $308,980. The average price of homes sold in Gaithersburg, MD is $505,000. Approximately 54% of Gaithersburg homes are owned, compared to 41% rented, while 5% are vacant. Gaithersburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Gaithersburg real estate agent to arrange a tour today!
Learn more about Gaithersburg Real Estate.


1–25 of 35 properties displayed
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Beds:
1
Baths:
1 Full
Sq.Ft.:
788
Status:
NEW LISTING
MLS#:
MDMC2109268
Type:
Other
Subdivision:
Fireside
Year built:
1974
Courtesy: EQCO Real Estate Inc.
View additional info

All utilities included. Fully updated 1 bedroom/1 den/1 bathroom condo conveniently located in the Fireside community. Come home to an open layout with luxury finishes. New flooring throughout. Open kitchen with stainless steel appliances, updated flooring, granite counter tops, new lighting. Additional breakfast nook next to the kitchen. Open living room that leads to a large balcony with a view to the open play/common area. Large bedroom and updated full bathroom. Additional den can be used for office/play area/bonus room. Located near I-270, I-370, MD-200 (Intercountry Connector), MD-355, Muddy Branch Rd, and other major arteries. Plenty of shopping, restaurants, and outdoor activities nearby. Move-in ready, must see! Fireplace is inoperable / for decorative purposes only. Carpet was placed in unit after pictures were taken and needs to stay per condo rules. Professionally managed. Secure and easy online application. $50 application fee per adult occupant. Pets welcome case by case. Excellent credit and proof of sufficient income required.

Beds:
1
Baths:
1 Full
Sq.Ft.:
788
Status:
NEW LISTING
MLS#:
MDMC2109144
Type:
Other
Subdivision:
Fireside
Year built:
1974
Courtesy: Samson Properties, (240) 630-8689
View additional info

Gorgeous 1 Bedroom & 1 Bathroom Plus Den close to Public Transportation. Living Room with Fireplace, Separate Dinning/Breakfast Area. Walk-in Closet(s), Wood Floors, Dishwasher, Disposal, Dryer, Oven/Range, Refrigerator, - this awesome living space comes with 2 parking passes for 2 spaces. Plus outdoor pool, Close proximity to Public Transportation, METRO, NIST, NIH, 270 corridor, 495 Beltway and DC. Long Term Leases Welcome. Pets considered case by case with owner approval, community rules apply. All Utilities and Parking Included. No Move-in fees.

Beds:
1
Baths:
1 Full
Sq.Ft.:
788
Status:
Active
MLS#:
MDMC2107050
Type:
Other
Subdivision:
Fireside
Year built:
1974
Courtesy: Samson Properties, (240) 630-8689
View additional info

Gorgeous 1 Bedroom & 1 Bathroom Plus Den close to Public Transportation. Living Room with Fireplace, Separate Dinning/Breakfast Area. Walk-in Closet(s), Wood Floors, Dishwasher, Disposal, Dryer, Oven/Range, Refrigerator, - this awesome living space comes with 2 parking passes for 2 spaces. outdoor pool, Close proximity to Public Transportation, METRO, NIST, NIH, 270 corridor, 495 Beltway and DC. Long Term Leases Welcome. Pets considered case by case with owner approval, community rules apply. All Utilities and Parking Included. No Move-in fees.

Beds:
3
Baths:
3 Full/1 Half
Sq.Ft.:
2,079
Status:
NEW LISTING
MLS#:
MDMC2108078
Type:
Condo
Subdivision:
Brighton East
Year built:
1971
Courtesy: RE/MAX Realty Services
View additional info

Welcome to this stunning end unit townhouse that has been newly updated with modern finishes and plenty of space. This home offers three levels of living, 3.5 baths, big deck and a walkout to the fenced backyard with patio. Enjoy the bright floor plan, refreshed kitchen, freshly painted, and the spacious bedrooms with ample closet space. The lower level features a kitchenette, a full bath, a laundry area and extra storage space. This home is perfect for entertaining or relaxing. The condo fee covers gas and water, and you get two reserved parking spaces plus plenty of street parking on W. Deer Park Dr. The location is convenient to major shopping centers, I-270, and public transportation. Don't miss this opportunity to own this gorgeous home!

Beds:
4
Baths:
3 Full/1 Half
Sq.Ft.:
1,218
Status:
NEW LISTING
MLS#:
MDMC2108568
Type:
Townhouse
Subdivision:
Montgomery Manor
Lot size:
0.05 Acres
Year built:
1987
Courtesy: Dorsey's International Realty, LLC, (800) 367-7397
View additional info

Awesome end unit for rent in the sought-after Montgomery County Manor subdivision. 3 Bedroom 3.5 baths, Basement has an extra room that can be used as a bedroom, family / Office room. Stainless steel appliances, Rear Deck, Updated Kitchen and Floors. Housing Vouchers are welcome. A MUST SEE won't Last Long.

Beds:
3
Baths:
2 Full/1 Half
Sq.Ft.:
2,000
Status:
NEW LISTING
MLS#:
MDMC2100772
Type:
Single Family, Single Family-Detached
Subdivision:
None Available
Lot size:
0.27 Acres
Year built:
1899
Courtesy: Compass, (301) 298-1001
View additional info

Welcome home to this absolutely beautiful restored home in the heart of Gaithersburg!ÂÂThis charming Victorian era home has tons of character, a relaxing front porch, an amazing backyard and is walkable to the restaurants, shops, parks, and so much more of Old TowneÂGaithersburg. The main level features gleamingÂhardwood floors, high ceilings, and a stunning gourmet kitchen that was completely renovated in 2021 with new shakerÂcabinetry, high-end stainless steel appliances, quartz countertops and a subway tile backsplash. Other features of this level include a wood burning stove, powder room, and a laundry room with a pantry.ÂThe 2nd level includes 3 bedrooms and 2 updated bathroomsÂincludingÂa spacious primary ensuite, and a large deck/balcony. As a bonus, there is aÂfinished attic perfect for storage or a bonus room. The large backyard is fully fenced and featuresÂa deck off of the kitchen and an attached garage. All of this just minutes to MARC, the metro, 270, and everything Historic Downtown Gaithersburg has to offer!

Open House:

Saturday, 10/7 11:00-3:00PM

Beds:
4
Baths:
2 Full/1 Half
Sq.Ft.:
2,120
Status:
NEW LISTING
MLS#:
MDMC2106232
Type:
Single Family, Single Family-Detached
Subdivision:
Emory Grove
Lot size:
0.28 Acres
Year built:
1987
Courtesy: Keller Williams Preferred Properties
View additional info

WELCOME TO YOUR NEW CUL DE SAC HOME! As you enter your teak hardwood flooring foyer, youâre greeted with your generously sized family room with gas fireplace to relax or cozy up in your living room adorned with those same elegant teak hardwood floors. A convenient renovated half bathroom for family and guests is also on your main level! Youâll truly love cooking or entertaining in your custom kitchen that was fully renovated in 2016. It includes GORGEOUS GRANITE COUNTERTOPS, granite countertop island, instant hot water faucet, and teak hardwood floors. There is additional cabinetry space above the home desk area just beyond your, eat in space. The teak hardwood floors also flow into your dining room with glass doors that open to your Trek Decking outside! You also have access to your washer and dryer on your main floor level. Whether itâs game day celebrations or just enjoying a cup of coffee in the morning, youâll love your tranquil sunroom with electronic shades and separate air conditioning unit which was just added in 2016 - a more than $50,000 upgrade! From the sunroom, step outside to your SPACIOUS TWO LEVEL TREK MATERIAL DECKING, INCLUDING TWO GAZEBOS AND YOUR VERY OWN PRIVATE POOL for entertaining family and friends on those warm sunny days. Outdoor electric outlets offer additional convenience. If you enjoy cookouts and time by the pool, this IS your home! Your fenced in backyard contains ample space for additional outside seating for family and guests. The backyard also contains a large storage shed with several Outdoor large storage bins that convey with your new home! As you access your upstairs steps with teak hardwood flooring that also continues throughout the hallway, you will find your 4 bedrooms; perfect for family, guests, and/or space for a home office. The main bathroom renovated in 2016 contains an updated countertop, fixtures, and tiled ensuite walk-in shower. Your guest and family have access to the renovated hall bathroom with full tub/shower combo. The basement offers over 600 square feet of unfinished space to customize to your liking. Add a rec room for entertaining and guests. The basement also contains a rough-in for adding an additional bathroom. Storage concernsâ¦NO WORRIES, the basement also contains a crawl space for those extra storage needs! BRAND NEW HUGE HVAC SYSTEM REPLACED IN 2022 â a more than $12,000 upgrade! Home siding and roof have been updated within the last 7 years, too! Youâre under 4 miles to I-270 and convenient to tons of shopping and so much more! This one wonât last long! Get ready to make this your new home!

Beds:
3
Baths:
2 Full/1 Half
Sq.Ft.:
1,386
Status:
NEW LISTING
MLS#:
MDMC2108574
Type:
Townhouse
Subdivision:
Brighton East
Year built:
1971
Courtesy: DMV Landmark Realty, LLC, (301) 587-2999
View additional info

You will love this charming townhome in a great location !!! a well-maintained three-story brick Condominium Townhouse! This unit has all you need! Recent updated interior and exterior. New water resistant floor on main levels, new carpet on bedroom level. It has large rooms with sunlight, 3 bedrooms on the upper level with 2 full bathrooms and a huge walk-in closet. It also has one rec-room on the lower level in the basement and there is a half bathroom located on the main level, too! A large fenced backyard. The kitchen has beautiful granite countertops with brand new cabinets. This fantastic home also includes two assigned parking spaces and GAS is included in the low condo fee. Easy access to I - 270, 355, Metro, bus, schools, downtown Crown , Rios and park. Relax and enjoy! Welcome home!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDMC2107968
Type:
Business Opportunities
Year built:
1983
Courtesy: Deausen Realty
View additional info

Business sale. Excellent opportunity to own this well established business in the heart of Gaithersburg. Hair and nails. Same location for almost 20 years. Very nice and clean with hundreds of satisfied customers. Come and take over this business and be your own boss. No real estate. 6 figure gross revenue. Leasehold improvements 60k+ Large parking lot. Future development of Lakeforest Mall. Surrounded by public transportation and multiple shopping centers. Located off Frederick Rd.

Beds:
3
Baths:
2 Full/1 Half
Sq.Ft.:
1,320
Status:
NEW LISTING
MLS#:
MDMC2102800
Type:
Townhouse
Subdivision:
Towne Crest
Lot size:
0.04 Acres
Year built:
1972
Courtesy: Coldwell Banker Realty, (301) 983-0200
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDMC2108124
Type:
General Commercial
Lot size:
0.05 Acres
Year built:
1950
Courtesy: Real Broker, LLC, (844) 450-0442
View additional info

Available immediately. Discover this prime 2,000 square feet commercial space nestled in the vibrant heart of Gaithersburg. This versatile and spacious property offers endless possibilities for your business ventures. With its strategic location, ample square footage, in unit bathroom, full large room for storage space (or you may use as per your business needs) and proximity to the thriving Gaithersburg community, it presents an exceptional opportunity to establish or expand your business presence. Don't miss the chance to make this commercial space your own and become part of Gaithersburg's dynamic business landscape. Tenant responsible for all utilites.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
MDMC2108184
Type:
Business Opportunities
Lot size:
1.31 Acres
Year built:
1975
Courtesy: Excel Realty Corp.
View additional info

**THIS IS A BUSINESS ONLY, THE SPACE IS LEASED AND IS NOT PART OF THE SALE** GREAT OPPORTUNITY TO OWN A WELL ESTABLISHED BEER AND WINE STORE WITH SUCESSFUL LOTTERY SALES (SUPER AGENT XPAC). STORE IS LOCATED ON HIGH TRAFFIC STREET IN A BUSY SHOPPING CENTER WITH OTHER RETAILERS. GREAT LOCATION, NEAR BUS STOP, METRO. ALL FURNITURE, FIXTURES AND EQUIMENT IS INCLUDES IN THE SALE. SHOW BY APPOINTMENT ONLY, PLEASE SCHEDULE WITH AGENT TO SET UP APPOINTMENT TO SEE.

Beds:
4
Baths:
3 Full/1 Half
Sq.Ft.:
2,998
Status:
Active
MLS#:
MDMC2105698
Type:
Single Family, Single Family-Detached
Subdivision:
Saybrooke
Lot size:
0.15 Acres
Year built:
1988
Courtesy: Corner House Realty, (443) 499-3839
View additional info

Look no further because this is your next home! This beautiful place located in the highly sought after Saybrooke community has it all and the best part is, itâs move-in ready! The owners really took care of this home and packed it with updates. The kitchen and bathrooms were all updated in the last couple of years. BRAND NEW HVAC system and ductwork, water heater, and carpet in the basement. New paint in areas throughout the home. The attic has new insulation to keep the energy costs nice and low. Even the garbage disposal is brand new! The 2 story living room boasts tons of natural light. All of the bedrooms on the upper level have their own overhead fans and light. Huge master bedroom with 2 closets and a spacious and updated bathroom. Even perks like the dual staircase, house attic fan, and plenty of storage space just adds to the benefits in this one. Schedule an appointment today, you definitely will not be disappointed!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC2107200
Type:
General Commercial
Lot size:
0.26 Acres
Year built:
1874
Courtesy: Samson Properties, (240) 630-8689
View additional info

Great investment opportunity! The old town of Gaithersburg is seeing great renewal through the construction of over 2000 units of new condos. This property is in the center of all the action! This sale includes 2 separate structures, all zoned mixed residential commercial. The rear house is 3 levels which currently hosts a salon, it totals about 1800sqft. the front of the building has 3 separate retail spaces and 2 apartments. A printing press has been a tenant for over 20 years with submarket level lease they occupy about 2000 sqft , there's a well-ness coach who occupies about 1200 sqft and a travel company that occupies about 900 sqft. Upstairs there's a 1 bedroom and a 2 bedroom apartment units. All the units have separate utilities and meters. There are a total of 6 units, 11 parking spaces for sale. All tenants have been with the property for over 3 years with exception of the wellness coach who has been about a year. The net income from rent annually is about $90,000 and this is well below market. The rear of this lot has already been approved to build a community of over 300 apartments. As previously mentioned, this property is in the center of all the action and will generate great income for its future owner.

Beds:
3
Baths:
2 Full/2 Half
Sq.Ft.:
2,342
Status:
Active
MLS#:
MDMC2106630
Type:
Townhouse
Subdivision:
Hidden Creek
Lot size:
0.03 Acres
Year built:
2005
Courtesy: EXP Realty, LLC, (888) 860-7369
View additional info

Welcome to 711 Hidden Marsh Street, a sanctuary of elegance and comfort in Gaithersburg, MD! This luxurious 3-bedroom, 2 full-bath, and 2 half-bath brick townhome offers a seamless blend of modern sophistication and timeless design. The open-concept kitchen is a chef's dream, featuring stainless steel appliances, a double oven, and a breakfast bar. The great room boasts a sumptuous coffered ceiling and a gas fireplace, enhanced by recessed lighting throughout the home. The primary bedroom serves as a private oasis with a generous walk-in closet and en-suite bathroom. Extend your living space outdoors with a beautiful balcony off the kitchen, perfect for alfresco dining or sipping your morning coffee. Rounding out this exceptional home is an expansive 2-car garage and ample guest parking. Don't miss your opportunity to own a piece of Gaithersburg's finest real estateâcontact us for a personal tour today, as this breathtaking property won't last long!

Beds:
3
Baths:
3 Full/1 Half
Sq.Ft.:
1,218
Status:
Active
MLS#:
MDMC2106040
Type:
Townhouse
Subdivision:
Emory Grove Park
Lot size:
0.03 Acres
Year built:
1987
Courtesy: Samson Properties, (240) 630-8689
View additional info

RENT REDUCED! Charming, sunfilled townhouse. AVAILABLE IMMEDIATELY. 3 bedrooms, 3 full bath and 1 half bath. BRAND NEW LUXURY VINYL FLOORS throughout all three levels. The entire house is FRESHLY PAINTED. Family room. Dining room. Spacious kitchen with breakfast area. Master bedroom with master bath and walk-in closet. UPGRADED MASTER BATH AND HALLWAY BATH WITH BRAND NEW VANITIES AND FLOOR TILES. Fall bath in the basement. Fenced backyard with a patio. Convenient location. Close to shopping and restaurants. Close to Shady Grove metro station and major commute routes (I-270, 370, ICC-200, 355). No pets. No smoking. Credit check, income verification, and rental history check are required. A one-year lease is required. All utilities are NOT included.

Beds:
4
Baths:
2 Full/1 Half
Sq.Ft.:
2,415
Status:
Active
MLS#:
MDMC2105124
Type:
Single Family, Single Family-Detached
Subdivision:
Brighton Estates
Lot size:
0.21 Acres
Year built:
1973
Courtesy: Smart Realty, LLC, 3012525515
View additional info

Re-listing due to primary applicant did not follow through the steps. Single Family house for rent in Gaithersburg with 4 large bedrooms and 2.5 bathrooms. Close to I270 and all the other major roads. Close to grocery shops for your convenience. Bathrooms were remodeled recently. The house consists of formal living room, dining room, kitchen, breakfast area, family room in the first floor and 4 large bedrooms upstairs. For any questions, please contact the agent for a quick response. Minimum of 680+ Credit Score and income requirements are 2 - 3 x the monthly rent, no evictions history, progress and other. Housing vouchers are not accepted. Minimum of 1 month security deposit required for excellent credit tenants, two months otherwise. Pets may be considered on case by case basis. Decision will be made after receiving a full rental application / contract, background check of evictions, and signed addendums. Contact listing agent for questions.

Beds:
3
Baths:
2 Full/1 Half
Sq.Ft.:
1,712
Status:
Active
MLS#:
MDMC2104790
Type:
Condo
Subdivision:
Summit Hall Reserve
Year built:
2014
Courtesy: Redfin Corp, 301-658-6186
View additional info

*** PRICE IMPROVED $10K. OPEN HOUSE - SUNDAY, SEPT 24, 1-3PM! *** A stunning end-unit condo townhome nestled in the heart of Summit Hall Reserve awaits you. This special light-filled all-brick home offers a perfect blend of modern elegance and convenience. It is a true gem, boasting not only a prime location but also impeccable upgrades. As you step inside, you'll be greeted by the warmth of new, fresh coats of paint that create an inviting ambiance throughout. The impressive 2022 new wood plank floors, vaulted ceiling, moldings and chair railings add a touch of sophistication to the living spaces. The upgraded kitchen is a culinary enthusiast's dream, featuring exquisite granite countertops that perfectly complement the stainless appliances. The beautiful wood cabinets provide ample storage for all your kitchen essentials. The luxurious bathrooms have been thoughtfully updated to provide a spa-like experience, allowing you to unwind and rejuvenate in style. Spacious, bright and airy bedrooms create a cozy retreat for rest and relaxation. With a one-car garage and an additional driveway space, parking will never be a concern. Steps away from the beautiful, scenic and expansive Bohrer Park, you'll enjoy tranquility and privacy while still being within easy reach of shops and restaurants. Just minutes away from Downtown Rio, Shady Grove metro station, and major routes like 355 and 270! This location offers the best of both worlds â a serene oasis to call home and the convenience of urban amenities just moments away *** FHA approved. HOW conveys. *** WHY WAIT?

Beds:
4
Baths:
2 Full
Sq.Ft.:
1,646
Status:
Active
MLS#:
MDMC2104116
Type:
Single Family, Single Family-Detached
Subdivision:
Laytonia
Lot size:
0.11 Acres
Year built:
1970
Courtesy: Keller Williams Preferred Properties
View additional info

Single-family home situated on a large corner lot, 4 bedrooms and 3 full bath. The home is located in Olde Towne Gaithersburg, easy access to metro and major highways. This is a great investment opportunity or for someone that wants to customize this home to their liking. needs some work. Sold strictly AS IS.

Beds:
4
Baths:
3 Full/1 Half
Sq.Ft.:
3,450
Status:
Active
MLS#:
MDMC2103758
Type:
Single Family, Single Family-Detached
Subdivision:
Saybrooke
Lot size:
0.14 Acres
Year built:
1989
Courtesy: Taylor Properties
View additional info

Welcome to the Saybrooke community and this lovely updated Colonial with 4 bedrooms on the upper level including a massive primary suite with a totally renovated ensuite bathroom. The main level has a well lit open floor plan that includes family room, living and dining areas with sliding door access to the backyard and two wood burning fireplaces. The updated kitchen features a center island and breakfast bar, and all brand new stainless steel appliances. There is also a main level office that could be an extra bedroom. The upper level features four bedrooms and two bathrooms, plus a super convenient laundry room. A fully finished lower level can be used as a multipurpose room, media room, plus one more additional bedroom option with a full bathroom. The partially fenced backyard is perfect for enjoying family, friends, and food. There are two tennis courts, two pickle ball courts and a swimming pool that belongs to the community and is free for the HOA residents; Kelley Park, a day care and two public schools within walking distance. And neighborhood tot lot by Grange Hall across from the pool. The home is close to shopping (Costco, walking distance to Giant, close to Metro and very accessible metro bus stop on Mid-County Highway). Itâs in the City of Gaithersburg with its own police department in addition to the county police department. Visit and make an application today!!!

Beds:
2
Baths:
2 Full
Sq.Ft.:
1,000
Status:
Active
MLS#:
MDMC2098740
Type:
Other
Subdivision:
None Available
Year built:
1950
Courtesy: Wright Real Estate, LLC, 3012136910
View additional info

This beautiful apartment sits on the main level of a large single family home. Fresh paint, new flooring accent the large floor plan. Enjoy privacy and quiet living with a view of a large backyard. Close to I-270, I-370, Route 200, Washington Grove MARC station within walking distance, Bus route within walking distance. Washington Grove Elementary School is only 3 doors down.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC2097882
Type:
General Commercial
Year built:
2000
Courtesy: Real Estate Teams, LLC., (301) 795-0205
View additional info

The building at 438 N. Frederick Ave. is a 72,626 SF, 4 story office building in Gaithersburg. The Fairview building has established a new take on office space by providing shared amenities including executive conference rooms, fully appointed kitchen, and climate controlled storage on each floor. The building was fully renovated in 2007 including a spectacular new main lobby, new HVAC and fire, life safety and alarm systems. Building also includes a shared in-house fitness center and micro-market. Located on Rt. 355 with easy access to I-270 and bus line. All amenities within walking distance: restaurants, retail shopping, pharmacy, gas stations and more. Non-assigned parking is plentiful (160 surface and 40 covered)- never, never, never an issue to find a spot for you and your clients. Building is fiberlit. Uses include attorney, accountant, doctor, therapist, physical therapy, chiropractic, IT consulting services, counseling and more. The office condo being offered for sale is about 1,192 SF. There is a current tenant in place with a 5 year lease agreement (currently on year 2 of that agreement).

Beds:
3
Baths:
2 Full/2 Half
Sq.Ft.:
1,900
Status:
Active
MLS#:
MDMC2096884
Type:
Townhouse
Subdivision:
Hidden Creek
Lot size:
0.03 Acres
Year built:
2005
Courtesy: Hometown Elite Realty LLC
View additional info

Nice Bright Town home in Hidden Creek, close 2000SF, Hardwood Floor in Living & Dinning area, Gourmet Kitchen, Gas fireplace, 2 car Garage, Finished Basement. Close to Lake forest Mall, Shops. Minutes to MARC, Metro, I-270 & 355.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC2094108
Type:
General Commercial
Subdivision:
None Available
Year built:
1987
Courtesy: Compass, (703) 310-6111
View additional info

Great professional office space *** 941 sq. ft. totally renovated *** kitchen and half bath with 2 office spaces in front and back *** Is is must see ***

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
MDMC2090484
Type:
General Commercial
Year built:
1981
Courtesy: Paradise Realty, Inc.
View additional info

This Recession proof stable investment property is currently leased to a very successful established Cybersecurity IT government contractor that has been there since 2016. The Tenant renewed their lease with an early extension and their lease now runs through 12/31/2027. The Tenant also has Sublease agreement. Also, the current owner has invested approximately 80K in renovations for this tenant in 2016 to allow for this state of the art facility to accommodate their needs including a brand new HVAC system. Minimal Landlord Responsibilities. The Landlord pays base real estate taxes and condo fees. Tenant pays any increase from base real estate taxes and condo fees. Lease includes annual increases of 3%. Tenant pays for repairs as well as Utilities (Water and Electric), Cleaning and upkeep. The Chestnut Office Condominium Community is beautifully located next to the Historic Chestnut Meem District. This completely renovated 2nd floor Office Condo has 4 offices, a reception area, conference room, kitchenette with under counter double refrigerators, built-in microwave, granite counter tops, 2 private restrooms, tons of light and tree lined windows, extra storage built-ins, a server room, security system, 2 exterior entrances plus free and plentiful parking. This property is located in a Tax advantaged Opportunity Zone creating an attractive long term real estate investment. This property is also located in a Federally Designated HUBZone area which is an excellent opportunity for a long term tenant Government Contractor or an Owner/User Government Contractor who needs that location status. Cap rate includes estimated tax benefits in the calculation. Great long term stable investment opportunity.

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