$195,000
FOR SALE7505 Democracy Blvd #a430
Bethesda, Md, 20817
MLS #MDMC2236598
Subdivision: Lakeside Terrace
Building: 7505 Democracy Boulevard
1 Beds
1/- Baths
624 sqft
$ 312.50 /sqft
Arguably the best one-bedroom condo value in Bethesda, with the current monthly ownership cost beating rent. Set within an established community neighboring the exciting Montgomery Mall town center redevelopment, this is a compelling opportunity for both owner-occupants and investors alike. Just updated with fresh paint and new carpet, this move-in-ready residence is ideally positioned in one of the communityx2019;s quieter buildings, nestled into to the natural beauty of Cabin John Park & backing to the "Lake". This specific unit shares 1/2 as many unit walls with others, creating a more private and peaceful living experience. South-facing exposure fills the home with natural light throughout the day, while the flexible floor plan offers immediate comfort with the opportunity to personalize over time through simple, low-cost, high-impact updates. Whether youx2019;re searching for a primary residence or a turnkey investment property, this condo offers exceptional versatility and long-term potential.Additional highlights include a large private storage unit conveniently located one floor above and a wide range of community amenities designed for easy everyday living, including indoor bike storage, pool and tennis facilities, beautifully maintained grounds, on-site management, and utility carts for grocery runs. The all-inclusive condo fee covers electric, heat, air conditioning, parking for you & guests, private storage, bike storage, and amenity access x2014; delivering outstanding value and convenience in one of Bethesdax2019;s most connected and evolving locations.Estimated ownership cost is less than renting a comparable unit, with ownership running approximately $1,650/month all-in (including principal, interest, taxes, insurance, condo fees, parking, storage, and utilities - based on 80% financing at 7% interest over 30 years). Potential for mult-unit transfer/2 units for investor, ask for more info.
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Listing Courtesy of: TTR Sothebys International Realty
