7505 Democracy Blvd Unit #A430, Bethesda, MD 20817

$194,900
1
BD
1
BA
624
SqFt

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List Price
$194,900
Price Change
▼ $100 1784314988
MLS#
MDMC2236598
Status
ACTIVE
Type
Condo
Unit Number
A430
City
Bethesda
County
Montgomery
Bedrooms
1
Bathrooms
1
Living Area
624
Year Built
1960

Property Description

OWNER OPEN TO DISCUSSING IMPROVEMENTS OF YOUR CHOICE... Come check it out! 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 community’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 you’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 — delivering outstanding value and convenience in one of Bethesda’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.

Additional Information

Cooling
Central A/C
Interior Features
Bathroom - Tub Shower, Carpet, Floor Plan - Open
Living Area
624
School District
Montgomery County Public Schools
Sewer
Public Sewer
Style
Art Deco, Contemporary
Subdivision
Lakeside Terrace
Zoning
U RESIDENTIAL CONDOMINIUM

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Calculator source: Real Geeks

Listing courtesy of TTR Sotheby's International Realty. Contact: 3015161212

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