4810 Chevy Chase Dr 3 Unit Apartment Building $1,275,000 ($425,000/Unit) 4.75% Cap Rate Chevy Chase, MD 20815
INVESTMENT HIGHLIGHTS
- Close to Metro, Shopping, Restaurants.
- Rarely available Multi-Family right by Downtown Bethesda.
- Spacious with Natural Light & Open Floor Plan.
EXECUTIVE SUMMARY
RARELY AVAILABLE, RENOVATED MULTI- FAMILY 3 UNIT HOME IN Downtown Bethesda Area With Long & Short Term Potential ~ Only Short Blocks to Metro, Shops, Restaurants & more. Walk Score of 97! PLEASE CALL AGENT FOR MORE INFO.
FINANCIAL SUMMARY (ACTUAL - 2020) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$60,600
|
$10.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$60,600
|
$10.35
|
| Taxes |
$7,800
|
$1.33
|
| Operating Expenses |
$8,400
|
$1.43
|
| Total Expenses |
$16,200
|
$2.77
|
| Net Operating Income |
$44,400
|
$7.58
|
PROPERTY FACTS
| Price | $1,275,000 |
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| Cap Rate | 4.75% |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,856 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 0.51/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Yard
- Basement
- Double Pane Windows
- Patio
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
ABOUT 4810 CHEVY CHASE DR , CHEVY CHASE, MD 20815
RARELY AVAILABLE, RENOVATED MULTI- FAMILY 3 UNIT HOME in Downtown Bethesda Area With Long & Short Term Potential ~ Only Short Blocks to Metro, Shops, Restaurants & more. Walk Score of 97! PLEASE CALL AGENT FOR INFO.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
1 of 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 07-00443875 | Total Assessment | $977,100 (2024) |
| Land Assessment | $0 (2024) | Annual Taxes | $7,800 ($1.33/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2020 Payable 2020 |
ZONING
| Zoning Code | R-10 (Multi-Family, Condo, Town Homes, Single Family, High Dens Resident.) |
