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
Days on Market
72
MLS#
MDMC2236598
Status
ACTIVE
Type
Condo
Style
Art Deco, Contemporary
Year Built
1960
Bedrooms
1
Bathrooms
1
Full-baths
1
County
Montgomery
Neighborhood
Lakeside Terrace
Subdivision
Lakeside Terrace

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

Living Area
624
Exterior Features
BBQ Grill, Exterior Lighting, Sidewalks, Sport Court, Tennis Court(s)
Elementary School
Ashburton
Middle School
North Bethesda
High School
Walter Johnson
Cooling
Central A/C
Heating
Central
Pool
Yes
Taxes
$1,956

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