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8207 Schrider St 4 Unit Apartment Building $820,000 ($205,000/Unit) Silver Spring, MD 20910
Investment Highlights
- 3 Contiguous Properties | Can be Purchased Together or Separately
- Less than 1 Mile to Downtown Silver Spring &Transit Options
- Well-Maintained by One Owner | Recent Capital Improvements
- 8207 Schrider Street | 4 Units + Garage | 4 - 1BR/1BA +Porch | $820,000 | $205,000/Unit
Executive Summary
Feldman Ruel is pleased to exclusively offer for sale three contiguous well-maintained multifamily properties on a quiet cul-de-sac in Downtown Silver Spring, Maryland. 8201 & 8207-8209 Schrider Street are available individually or as an assemblage. The subject properties feature a favorable unit mix. 8201 Schrider Street is an 11-unit property comprised of one- and two-bedroom units, along with on-site laundry, tenant storage, and workshop space for maintenance personnel. 8207 and 8209 Schrider Street are both 4-unit properties, each consisting of one-bedroom units with private screened-in porches. Situated within walking distance of Downtown Silver Spring and all its amenities, the subject properties offer convenient access to restaurants, entertainment venues, grocery stores, the Silver Spring Library, and Veterans Plaza. The location also provides connectivity to the Sligo Creek Trail, the Washington Metrorail Red Line via the Silver Spring Metrorail station, the Silver Spring MARC station, and the future Purple Line station, currently scheduled to open in 2027.
Property Facts
| Price | $820,000 | Building Class | C |
| Price Per Unit | $205,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 3,344 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1935/2023 |
| Apartment Style | Low-Rise | ||
| Zoning | R-20 | ||
| Price | $820,000 |
| Price Per Unit | $205,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,344 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1935/2023 |
| Zoning | R-20 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 13-00989001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $567,433 |
Property Taxes
Parcel Number
13-00989001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$567,433
Contacts
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Hannah McCann -
Christopher Chadwick -
LaMarr Datcher -
Brandon Cardwell -
Feldman Ruel
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