Address
4242 East West Highway # 904 Chevy Chase, MD
Price
$ 125,000
Property Attributes
- MLS#MDMC732752
- TypePending
- CountyMONTGOMERY
- CityChevy Chase
- NeighborhoodRIVERIA OF CHEVY CHASE
- Zip20815
- Style
- Year Built1966
- Taxes1693
- Price$ 125,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage362
Listing Provided Courtesy Of:
Weichert, REALTORS
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 completely remodeled kitchens with granite counters, upgraded cabinets and appliances, renovated baths, upgraded lighting, recently replaced HVAC systems and more! Condo fee includes ALL utilities and the units are completely 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 DETAILS G E N E R A L S P E C S : Price: $672,000 6 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 : $600 Gross yearly average income per unit : $23, 1 13 Total Gross Average Income: $138,679
| Price History | |
|---|---|
| 11/6/2020 | Listed $125,000 |
General Features
| Accessibility | Other, No Stairs, Level Entry - Main |
|---|---|
| Appliances | Built-In Microwave, Disposal, Dishwasher |
| Architectural Style | Other |
| Association Amenities | Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Fitness Center, Game Room, Laundry Facilities, Meeting Room, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Sauna, Swimming Pool |
| Association Fee Includes | Air Conditioning, All Ground Fee, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sauna, Sewer, Trash, Water |
| Association Y/N | No |
| Condo/Coop Association Y/N | Yes |
| Construction Materials | Brick |
| Cool Fuel | Electric |
| Cooling | Wall Unit |
| County | MONTGOMERY |
| Garage Spaces | 1.00 |
| Garage Y/N | Yes |
| HOA Fee 2 | 600.00 |
| HOA Fee 2 Frequency | Monthly |
| Heating | Forced Air |
| High School District | MONTGOMERY COUNTY PUBLIC SCHOOLS |
| Legal Subdivision | RIVERIA OF CHEVY CHASE |
| Levels | 1 |
| New Construction | No |
| Other Structures | Above Grade, Below Grade |
| Ownership | Condominium |
| Possession | Settlement |
| Price Per Sq Ft | 345.3 |
| Property Type | Residential |
| Real Estate Owned Y/N | No |
| Senior Community Y/N | No |
| Sewer | Public Sewer |
| Structure Type | Unit/Flat/Apartment |
| Subdivision Name | RIVERIA OF CHEVY CHASE |
| Tax Annual Amount | 1693.0 |
| Tax Year | 2020 |
| Total Units | 1 |
| Unit Number | 904 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | RESIDENTIAL |
Interior Features
| Above Grade Finished Area | 362 |
|---|---|
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Basement Y/N | No |
| Bathrooms Count Main Level | 1.00 |
| Bathrooms Full Main Level | 1 |
| Below Grade Finished Area Source | Assessor |
| Below Grade Finished Area Unit Type | Square Feet |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin Sqft Source | Assessor |
| Central Air Y/N | No |
| Entry Level | 9 |
| Fireplace Y/N | No |
| Full Baths | 1 |
| Heating Fuel | Natural Gas |
| Heating Y/N | Yes |
| Hot Water | Natural Gas |
| Living Area | 362 |
| Total Baths | 1 |
Exterior Features
| # Of Attached Garage Spaces | 1 |
|---|---|
| Garage Features | Basement Garage |
| Navigable Water Y/N | No |
| Pool Y/N | Yes - Community |
| Total Parking Spaces | 1 |
| Type of Parking | Attached Garage |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 20815
Price
Taxes
Visits
Year Built
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