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$16,000,000
7700 Georgia Ave NW, Washington, DC 20012
0 Beds
0 Baths
n/a sqft

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Delivered and ready for your purchase. Located between the new Walter Reed Development and downtown Silver Spring, the 32 units brand new construction SEVEN700 is minutes from both Silver Spring and Takoma Metro stations and positioned to provide the desired commuter renter base as cash flow investment property. Top-tier finishes, balconies, and views of Washington DC with the convenience of being located right at a bus stop make this an excellent choice for your renters. Walk to all the shops, parks, and restaurants North DC and Silver Spring has to offer or experience DC in only a 10-minute drive. Two Whole Foods and multiple Starbucks in the vicinity signals the continued development of this new neighborhood in Shepherd Park. Contact us for the ROI study. This building will rent itself out in no time and provide an annual rent raise with little to no vacancies for years to come. Hard hat tours available to qualified investors providing proof of funds.
  • Price:
  • $16,000,000
  • Acreage:
  • 0.17
  • Year Built:
  • 2021
  • Listing ID #:
  • DCDC512510
  • Street Address:
  • 7700 Georgia Ave NW
  • City:
  • Washington
  • State:
  • District Of Columbia
  • Postal Code:
  • 20012
  • County:
  • Washington
  • Subdivision:
  • Shepherd Park
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Builder:
  • Jap Construction
  • Building Condition:
  • Excellent
  • Ceiling Height:
  • 8' To 10'
  • Flooring:
  • Wood, Laminated, Concrete, Other
  • New Construction:
  • Yes
  • Number Of Units:
  • 32
  • Type Of Roof:
  • Concrete, Other
  • View:
  • City, Street
  • Year Built:
  • 2021
  • Year Built Source:
  • Estimated
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Mu-4
  • Lot Square Footage:
  • 7512.00
  • Road Type:
  • Black Top
  • Soil Type:
  • Urban Land-Sassafras-Chillum
  • Zoning Description:
  • The Mixed-Use (mu) Zones: Commercial, Institutional, And Multiple Dwelling Unit Residential Developments At Varying Densities.
  • Days On Market:
  • 259
  • Excluded:
  • Any Staging Furniture And Items.
  • Included In Sale:
  • All Kitchen Appliances, Water Heaters, Hvac, Cabinetry, Bathroom Appliances And Mail Boxes. All The Same Inclusions As Typical For New Condo Sales. Turn Key Rental Apartment.
  • On Market Date:
  • 2021-04-02
  • Originating Mls:
  • Bright
  • Special Conditions Of Sale:
  • Standard
  • Terms:
  • Cash, Other, Negotiable
  • Building Name:
  • None Available
  • Cross Street:
  • Juniper St
  • In City Limits:
  • Yes
  • Location Description:
  • Downtown
  • Street Direction Suffix:
  • Nw
  • Street Type:
  • Avenue
  • Subdivision:
  • Shepherd Park
  • City Taxes:
  • 26136.00
  • Price Per Square Foot:
  • 625.02
  • Property Taxes:
  • $26,136
  • Tax Year:
  • 2020
  • Parking Description:
  • Lighted Parking, Handicap Parking, Private, Surface
  • Parking Spaces:
  • 9
  • Parking Type:
  • Parking Lot, Driveway
  • Cooling Fuel:
  • Electric
  • Cooling System:
  • Central A/C, Heat Pump(s)
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Public Sewer
  • Water Heater:
  • 60+ Gallon Tank
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Ttr Sotheby's International Realty
  • © 2021 BRIGHT, All Rights Reserved BRIGHT

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