7700 Georgia Ave Nw, Washington, DC 20012

$16,000,000
List Price
$16,000,000
Days on Market
222
Status
ACTIVE
MLS#
DCDC512510
Lot Size (Acres)
0.17
Year Built
2021
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Delivering late summer, 2021. 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. **Some units are available as IZ units when we list them as individual units. Pursuant to the District of Columbia Inclusionary Zoning program, income-restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program.

Additional Information

Subdivision
Shepherd Park
Taxes
$26136
Stories
5
School District
District Of Columbia Public Schools
Flooring
Wood, Laminated, Concrete, Other
View
City, Street
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C, Heat Pump(s)
Roof
Concrete, Other
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of TTR Sotheby's International Realty.