NOT LISTED FOR SALE
-- Bed
4 Baths
2,811 Sq Ft
3,007 Sq Ft Lot

Last Sold August 06, 2019

Last sale price $685,000 $244 Per Sq Ft

25 Days on Market

Highlights

  • Garden View
  • Victorian Architecture
  • No HOA
  • Parkway Elementary School Rated A-
  • 2 Fireplaces
  • 2-minute walk to Bonita W. Maas Park

About This Home

As of August 2019

Look no further! This is the perfect investment opportunity in a prime location, the heart of Downtown Frederick, and all it has to offer! This beautiful home includes 4 one bedroom units. Each unit has hardwood floors, updated kitchens and baths and is individually metered for electric. The 1st and 2nd floor units have dining rooms. Common laundry area, private yard and single car garage w/additional storage space. Water/sewer & trash provided by owner. Great potential to live in one unit and rent the others or rent two and use the two furnished units for AirBNB income. All units currently occupied and lease terms vary. Monthly income approx. $5740.00 & annual income approx. $68,880. This well loved and maintained opportunity is sure to go quickly!

Last Agent to Sell the Property

Kevin Coyne

(301) 788-4143 kevin.coyne@redfin.com Long & Foster Real Estate, Inc. License #645212 Listed on: 05/17/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Cheryl Poirier

(240) 215-6085 cheryl@cherylpoirierhomes.com RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1900

Lot Details

  • 3,007 Sq Ft Lot
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,811 Sq Ft Home
  • 2 Fireplaces
  • Garden Views
  • Basement

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water, trash collection
  • Assessor Parcel Number 1102062496

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 4-Story Building

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,717

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Basement: Yes
  • Total Sq Ft: 2811
  • Living Area Sq Ft: 2811
  • Price Per Sq Ft: 248.31
  • Above Grade Finished Sq Ft: 2811
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 270600.00
  • Land Assessed Value: 110200.00
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3007.00
  • Property Condition: Very Good
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 68880.00
  • Units Furnished: Some
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11499821
  • Tax Annual Amount: 6717.00
  • Assessor Parcel Number: 1102062496
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2019 08/06/19 Sold $685,000 -1.9% $244 / Sq Ft
06/12/2019 06/12/19 For Sale $698,000 0.0% $248 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $698,000 -- $248 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDFR245996

Bright MLS

APN: 02-062496