4242 East West Highway # 704

Chevy Chase, MD
$ 125,000 Beds 0 Baths 1 Sq 362
Monthly Estimate* How much can I afford?

**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

Contingent

  • Price
  • $ 125,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 362
  • Full Bathrooms
  • 1
  • Year Built
  • 1966
  • Half Bathrooms
  • 0
  • City, Zip
  • Chevy Chase
  • Taxes
  • 1693
  • County
  • MONTGOMERY
  • Style
  • Area
  • MLS#
  • MDMC732750
  • Zip
  • 20815
Listing Provided by: Weichert, REALTORS

Features

General

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, Laundry Facilities, Library, Meeting Room, Party Room, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Sauna
Association Fee Includes Air Conditioning, All Ground Fee, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, Gas, Heat, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds
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 Wall Unit
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 704
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 7
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, Covered Parking, Garage - Front Entry
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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Columbia, MD office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/6/2020 Listed $125,000

Property vs Zip Code Average in 20815

Price
AVG $870K
$130K
Taxes
AVG $7,735
$1,693
Visits
AVG 75
45
Year Built
AVG 1967
1966

Map

Areas That We Cover

4242 East West Highway # 704 Chevy Chase, MD is a Single Family Home for sale at $125000 with 362 sqft and a lot size of Acre(s). 4242 East West Highway # 704 Chevy Chase has 0 bedrooms, 1 baths and was built in 1966. The property's zip code is 20815 which is in Chevy Chase, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.