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    4242 East West Highway , #904

    CHEVY CHASE, MD 20815
    • $125,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: MDMC732752
    UPDATED: 67 min ago
    $125,000
    • 0
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 362
      SQFT
    • $345
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    1966
    County:

    School Ratings & Info

    Description

    **BEING SOLD STRICTLY AS PART OF A PACKAGE DEAL** SPECTACULAR INVESTMENT OPPORTUNITY JUST BLOCKS TO DOWNTOWN BETHESDA!! SIX FULLY RENOVATED STUDIOS FOR ONE LOW PRICE!! Already an investor looking to add to your rental portfolio, or been thinking about becoming an investor and looking for a great opportunity? Well look no further!! The Riviera of Chevy Chase is located just 3 blocks to Bethesda METRO, across the street from the Bethesda Crescent trail, and just steps to all the dining, entertainment and shopping that Bethesda has to offer! Also, located just one METRO stop from NIH, Bethesda Naval, Friendship Heights and DC border.The building features an abundance of amenities including 24/7 concierge, attached garage parking with each unit, newly renovated lobby and elevators, secured and monitored entrance, fitness center, party room, business center, sauna and topping all off, literally is the stunning rooftop deck and pool! Want to rent long term, or short term, up to you! The 03 and 04 tiers are the only units that are allowed to be rented short term!Every unit has been renovated from top to bottom, including breaking down walls to install completelyremodeled kitchens with granite counters, upgraded cabinets and appliances, renovated baths, upgradedlighting, recently replaced HVAC systems and more! Condo fee includes ALL utilities and the units arecompletely move in ready, so let the money start rolling in!Sellers will include their current website, FurnishedInBethesda.com, at no extra cost. They have been using that site for over 10 years and have had one of the lowest vacancy rates compared to industry standards (less than 2%). Having multiple units in one building makes it easier to juggle tenants and keep units occupied with the least amount of downtime, makes it easier for management and maintenance issues as well, and helps stream line the rental process.CONTACT LISTING AGENT FOR FURTHER DETAILSG E N E R A L S P E C S :Price: $672,0006 Studio units: (#403/261 s f , #404/362 s f , #603/261 s f , #704/362 s f , #803 261 s f , #904/362 s/f )Current Average taxes per unit for the year : $1 ,486. 16 (average monthly taxes : $128.85)Monthly condo fee per unit : $600Gross yearly average income per unit : $23, 1 13 Total Gross Average Income: $138,679

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-04T08:51:21.247.
    www.ajteamrealty.com/homes/111656996
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    4242 East West Highway , #904 CHEVY CHASE, MD 20815

    • Price: $125,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: MDMC732752
    0
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    362
    SQFT
    $345
    $/SQFT
    1966
    Built
    Neighborhood:
    Riveria Of Chevy Chase
    County:
    Montgomery
    School District:
    Montgomery County Public Schools
    Property Description
    **BEING SOLD STRICTLY AS PART OF A PACKAGE DEAL** SPECTACULAR INVESTMENT OPPORTUNITY JUST BLOCKS TO DOWNTOWN BETHESDA!! SIX FULLY RENOVATED STUDIOS FOR ONE LOW PRICE!! Already an investor looking to add to your rental portfolio, or been thinking about becoming an investor and looking for a great opportunity? Well look no further!! The Riviera of Chevy Chase is located just 3 blocks to Bethesda METRO, across the street from the Bethesda Crescent trail, and just steps to all the dining, entertainment and shopping that Bethesda has to offer! Also, located just one METRO stop from NIH, Bethesda Naval, Friendship Heights and DC border.The building features an abundance of amenities including 24/7 concierge, attached garage parking with each unit, newly renovated lobby and elevators, secured and monitored entrance, fitness center, party room, business center, sauna and topping all off, literally is the stunning rooftop deck and pool! Want to rent long term, or short term, up to you! The 03 and 04 tiers are the only units that are allowed to be rented short term!Every unit has been renovated from top to bottom, including breaking down walls to install completelyremodeled kitchens with granite counters, upgraded cabinets and appliances, renovated baths, upgradedlighting, recently replaced HVAC systems and more! Condo fee includes ALL utilities and the units arecompletely move in ready, so let the money start rolling in!Sellers will include their current website, FurnishedInBethesda.com, at no extra cost. They have been using that site for over 10 years and have had one of the lowest vacancy rates compared to industry standards (less than 2%). Having multiple units in one building makes it easier to juggle tenants and keep units occupied with the least amount of downtime, makes it easier for management and maintenance issues as well, and helps stream line the rental process.CONTACT LISTING AGENT FOR FURTHER DETAILSG E N E R A L S P E C S :Price: $672,0006 Studio units: (#403/261 s f , #404/362 s f , #603/261 s f , #704/362 s f , #803 261 s f , #904/362 s/f )Current Average taxes per unit for the year : $1 ,486. 16 (average monthly taxes : $128.85)Monthly condo fee per unit : $600Gross yearly average income per unit : $23, 1 13 Total Gross Average Income: $138,679
    Exterior Features

    Architectural Style Other Construction Materials Brick Garage Spaces 1.00 Garage Type Basement Garage Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Attached Garage Pool Yes - Community Riparian Rights YN No Unit Building Type Hi-Rise 9+ Floors Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 362 Appliances Built-In MicrowaveDisposalDishwasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplace YN No Heating Forced Air Heating YN Yes Levels 1 Main Level Bedrooms 0

    Property Features

    Accessibility Features OtherNo StairsLevel Entry - Main Assessment Year 2020 Association Amenities Common GroundsCommunity CenterConciergeElevatorExercise RoomFitness CenterGame RoomLaundry FacilitiesMeeting RoomParty RoomPool - OutdoorReserved/Assigned ParkingSaunaSwimming Pool Association Fee Includes Air ConditioningAll Ground FeeCommon Area MaintenanceElectricityExt Bldg MaintGasHeatInsuranceLawn MaintenanceManagementPool(S)Recreation FacilityReserve FundsSaunaSewerTrashWater Association Fee2 600.00 Association Fee2 Frequency Monthly Association YN No Central Air YN No Condo YN Yes Cooling Fuel Electric Entry Level 9 Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304380467088 Ownership Interest Condominium Pets Allowed YN No Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Unit/Flat/Apartment Tax Annual Amount 1693.00 Tax Assessment Amount 140000.00 Vacation Rental YN No Water Source Public Zoning Residential

    Listing courtesy of Weichert, Realtors.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-04T08:51:21.247.
     
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