700-a Chaney Dr, Takoma Park, MD 20912

Takoma Park
Local realty services provided by:ERA Central Realty Group
700-a Chaney Dr,Takoma Park, MD 20912
$575,000
Virtual Tour
  • 2 Beds
  • - Baths
  • 3,500 sq. ft.
  • Multi-family
  • Active
Listed by: scott sachs
Office: compass
MLS#:MDMC2223176
Source:BRIGHTMLS

Price summary

  • Price:$575,000
  • Price per sq. ft.:$164.29

About this home

THIS IS A 5 UNIT MULTI FAMILY PROPERTY Nestled on a quiet, tree-lined street in the heart of Takoma Park, 701 1/2 Chaney Drive presents a rare and compelling investment opportunity. This charming five-unit apartment building blends character, stability, and upside potential—ideal for both seasoned investors and those looking to establish a foothold in a highly desirable rental market. The property features a well-balanced unit mix of four one-bedroom apartments and one two-bedroom apartment, all occupied by professional tenants, providing a steady and reliable income stream from day one. The building exudes classic charm while offering practical functionality, with ample parking and additional storage enhancing tenant convenience and long-term appeal. One of the property’s most unique attributes is its direct backing to Sligo Creek Park, offering residents immediate access to scenic trails, green space, and a tranquil natural setting—an uncommon amenity that sets this asset apart....

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Home facts

  • Year built:1937
  • Listing ID #:MDMC2223176
  • Added:10 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:2
  • Living area:3,500 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1937
  • Building area:3,500 sq. ft.
  • Lot area:0.18 Acres
  • Architectural Style:Traditional

Schools

  • High school:MONTGOMERY BLAIR
  • Middle school:TAKOMA PARK
  • Elementary school:TAKOMA PARK

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$164.29
  • Tax amount:$8,509 (2025)

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