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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

Financial Summary (Actual - 2020)

Gross Rental Income
Annual $60,600
Annual Per SF $10.35
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $60,600
Annual Per SF $10.35
Taxes
Annual $7,800
Annual Per SF $1.33
Operating Expenses
Annual $8,400
Annual Per SF $1.43
Total Expenses
Annual $16,200
Annual Per SF $2.77
Net Operating Income
Annual $44,400
Annual Per SF $7.58

Property Facts

Price $1,275,000
Price Per Unit $425,000
Sale Type Investment
Cap Rate 4.75%
Sale Conditions 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 - -
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-00443875
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$977,100 (2024)
Annual Taxes
$7,800 ($1.33/SF)
Tax Year
2020 Payable 2020

zoning

Zoning Code R-10 (Multi-Family, Condo, Town Homes, Single Family, High Dens Resident.)
R-10 (Multi-Family, Condo, Town Homes, Single Family, High Dens Resident.)
  • Listing ID: 16538501

  • Date on Market: 7/6/2019

  • Last Updated:

  • Address: 4810 Chevy Chase Dr, Chevy Chase, MD 20815

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