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7700 Georgia Ave Nw

Washington, DC, 20012

$16,000,000

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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.

Essential Information

MLS® #DCDC512510
Price$16,000,000
Bathrooms0.00
Square Footage25,599
Acres0.17
Year Built2021
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive

Community Information

Address7700 Georgia Ave Nw
SubdivisionShepherd Park
CityWashington
CountyWASHINGTON-DC
StateDC
Zip Code20012

Amenities

ViewCity, Street

Parking

Private, Surface, Handicap Parking, Lighted Parking

Interior

HeatingCentral
CoolingCentral A/C, Heat Pump(s)
# of Stories5

Exterior

RoofConcrete, Other

Exterior

Combination, Concrete/Block, Frame

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Date ListedMarch 17th, 2021
Days on Market140
ZoningMU-4

Listing Details

Office

TTR Sotheby's International Realty

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Listing information last updated on August 4th, 2021 at 12:03am EDT.