Bought with NON MEMBER • Non Subscribing Office
$470,000
$499,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1,992 SqFt
SOLD DATE : 05/15/2025
Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $235
MLS Listing ID MDFR2062020
Sold Date 05/15/25
Style Colonial
Abv Grd Liv Area 1,992
Year Built 1900
Annual Tax Amount $6,882
Tax Year 2024
Lot Size 4,959 Sqft
Acres 0.11
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
INVESTOR ALERT! SOLD AS-IS
This 4-UNIT APARTMENT BUILDING NEEDS WORK, but is located in the heart of Downtown Frederick and includes SIX OFF STREET PARKING SPACES and a large, fenced back yard.
Each apartment is individually metered in this all electric property, with tenants responsible for all utilities except water/sewer. The building offers 2-one bedroom apartments and 2 studio apartments, each featuring their own private entrance.
Each apartment housed long term tenants who paid under market rent.
3 units are vacant and 1 lease terminates in June. Seller did not renew leases once she decided to sell building. All units need lots of TLC- some more then others. The building itself also needs work.
Current lead certificates are on file for each unit. With fewer than 5 units, financing does not necessitate a commercial loan, however, due to condition of property, a construction loan might be needed.
Location
State MD
County Frederick
Zoning DR
Rooms
Basement Outside Entrance
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 1102086638
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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