Promenade Towers

The Promenade condos (co-op) • Bethesda

Truly Stunning, Completely Renovated (and With ...

$179,500 Active

• 2 Beds
• 1 Baths
• 981 ft²

Residential

5225 Pooks Hill Rd #108 South, Bethesda, MD

MLS® #MDMC699468

Truly Stunning, Completely Renovated (and With Great Taste, For Sure!)two Bedroom Or One Bedroom/den, 981 Sq Ft Apartment With New Real Wood Flooring, Totally New Kitchen With All That You Would Expect, Like Granite, Stainless And Luxury Cabinets. Really...

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Beautiful One Bedroom In The Promenade...a Wond...

$160,000 Active

• 1 Beds
• 1 Baths
• 630 ft²

Residential

5225 Pooks Hill Rd #607s, Bethesda, MD

MLS® #MDMC699466

Beautiful One Bedroom In The Promenade...a Wonderful Building That Lives Like A Resort. The Apartment Has Been Renovated. The Kitchen Opens With A Breakfast Bar Onto The Living Room. Lovely Strip Floors Throughout. Large Walk-in Closet In The Bedroom ...

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Unit 222s Is The Perfect Location. This Large ...

$180,000 Active

• 1 Beds
• 1 Baths
• 981 ft²

Residential

5225 Pooks Hill Rd #222s, Bethesda, MD

MLS® #MDMC700232

Unit 222s Is The Perfect Location. This Large 1 Bedroom, 1 Bath Unit Has A Great View Of Green Space And The Tennis Courts! Unit Is 2nd Floor Level So No Need To Use Elevator. This Unit Is Quiet - It Looks Out On Green Space Rather Than The Pool, The Front...

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The Promenade Towers North and South are located on Pooks Hill Road in Bethesda.  This is a Cooperative Building, and not a condominium.  The amenities at the Promenade are second to none.  You never have to leave this community, everything is right at your fingertips. 

There are storage units that are leased out, but they don't necessarily convey with the unit you are buying.  There is a bike rack down in the Garage, and 2 'bike rooms' with a key.  No dogs are allowed.  Cats are fine.  If you plan on renting out your unit, you must live in the unit first for a year.  There's a $125 application fee if you want to buy in this community.  A Board of Directors, the Promenade Towers Mutual Housing Corporation, will review your application for approval.  They will look at your credit report, verify income, financials, and basic details about you the Buyer.  To purchase a 'co-op', you are buying shares of stock.  Liability Insurance must be obtained to complete this Stock purchase, and a $250 Stock Transfer Fee is paid by the buyer at closing.

There are only a handful of lenders who finance a Cooperative building in Maryland.  From what I've seen you'll need at least 10% for your down payment.  The co-op fee initially appears to be on the high side.  However, it includes utilities AND your property taxes.  Most condo fees don't cover either.  Plus you're paying for amenities that are first class... take a look for yourself, you will be happily impressed after touring the campus with me. - Co-op Lenders - METRO 

main  301-493-4700  •  front desk  301-530-7200
5225 Pooks Hill Road - www.thepromenade.org