NOT LISTED FOR SALE

415 E Potomac St Brunswick, MD 21716

-- Bed
-- Bath
4,026 Sq Ft
6,250 Sq Ft Lot

Last Sold August 18, 2022

Last sale price $505,000 $125 Per Sq Ft

1 Day on Market

Highlights

  • Colonial Architecture
  • Paneling
  • Electric Baseboard Heater
  • Wood Flooring
  • Ceiling Fan
  • 4-minute walk to Brunswick City Park

About This Home

As of August 2022

INVESTOR ALERT!!!! Large 4 unit apartment building in Historic Brunswick Md. Building features (1) 3 bedroom unit and (3) 2 bedroom units. 1 of the 2 bedroom units being used as a 1 bedroom. Long term tenant all have renewed leases till 6-2023 and 7-2023. Unit are very large and can accommodate a sectional sofa, rare for a Brunswick apartment. Units have always been easy to re-rent. Property manager has done thorough and substantial updates to units and they show very well!!! Featuring new kitchens, flooring and drywall etc, etc, etc. Building leases are under market rate but still generates close to 57K per year! Sit back and collect on your investment, the work has been done!!! Electric- metered separately and paid by tenants. New roof 6 months old. Hot water heaters updated. Property owner must accompany all showings and tenants need 24 hour notice.
No weekend showings. Close proximity to Marc train. With substantial potential for rent increases this property has it all.

Last Agent to Sell the Property

Susan Kelley

(240) 674-1089 sue@kelleypros.com Kelley Real Estate Professionals Listed on: 07/12/2022

Co-Listed By

Susan Hiles

(301) 473-4711 srhiles44@gmail.com Kelley Real Estate Professionals

Last Buyer's Agent

Tom Tinsley

(304) 616-6043 tomtinsley3@gmail.com Burch Real Estate Group, LLC License #RSR003955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,124

Year Built

  • Built in 1910

Lot Details

  • 6,250 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Stone Foundation
  • Plaster Walls
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Paneling
  • Ceiling Fan
  • Replacement Windows
  • Window Screens

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • On-Street Parking

Schools

  • Brunswick Elementary And Middle School
  • Brunswick High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Income includes apartment rentals

Listing and Financial Details

  • Tax Lot 7 8
  • Assessor Parcel Number 1125477901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,124

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-07-15
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Vinyl, Wood
  • Window Features: Replacement, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls, Paneled Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Dirt Floor, Outside Entrance
  • Total Sq Ft: 5398
  • Living Area Sq Ft: 4026
  • Price Per Sq Ft: 123.94
  • Above Grade Finished Sq Ft: 4026
  • Below Grade Sq Ft: 1372
  • Total Below Grade Sq Ft: 1372
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Black Top
  • Roof: Architectural Shingle
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Sewer Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BRUNSWICK
  • High School: BRUNSWICK
  • Middle Or Junior School: BRUNSWICK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 208400.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Condition: Very Good
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11544717
  • Tax Annual Amount: 4124.00
  • Assessor Parcel Number: 1125477901
  • Tax Lot: 7 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

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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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
08/18/2022 08/18/22 Sold $505,000 +1.2% $125 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $499,000 -- $124 / 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: MDFR2021582

Bright MLS

APN: 25-477901