9 S 2nd St Woodsboro, MD 21798
Estimated payment $2,881/month
Highlights
- City View
- Traditional Floor Plan
- Wood Flooring
- Walkersville Middle School Rated 9+
- Traditional Architecture
- Main Floor Bedroom
About This Home
Seize the opportunity to own a rare cash-flowing 4-unit property in the heart of Woodsboro. This well-maintained 2 level building offers a strong rental history, stable tenants, and additional potential for increased returns.
Inside, you’ll find a total of 4,332 sq. ft. of living space, divided into four unique units:
Unit A – Spacious 2BR/1BA with dining room, living room, and kitchen. Features Hot Water Baseboard heating, central A/C, and a private covered patio. Currently leased at $1,200/month.
Unit B – 2BR/1BA with playroom, dining room, and enclosed porch entry. Includes Hot Water Baseboard heating, partial electric baseboard heat, and central A/C. Leased at $1,200/month.
Unit C – 1BR/1BA featuring an eat-in kitchen, living room, and updated systems. Equipped with heat pump HVAC. Currently rented at $800/month (month-to-month).
Unit D – 1BR/1BA with eat-in kitchen, living room, and closet space. Heat pump HVAC. Leased at $875/month.
Currently, Tenants enjoy the convenience of all utilities included in rent — electric, oil, water, and sewer. The property provides ample off-street parking, alley access, and an older two-car garage for storage. Each unit has been updated over time, with the front main-level units considered superior in finish and condition.
Current Rent Roll (Fully Leased):
Unit A – $1,200/mo
Unit B – $1,200/mo
Unit C – $800/mo
Unit D – $875/mo
Total Gross Monthly Rent: $4,075 / $48,900 annually
Expenses include utilities (electric approx. $3,122/year, oil approx. $3,483/year, water/sewer approx. $1,498/year), along with real estate taxes and insurance. While rents are below current market averages for the area, comparable properties demonstrate strong potential for future rent growth, making this an excellent long-term hold.
The property is ideally located within town limits of Woodsboro, just steps from Main Street and Route 194, with easy access to Frederick (10 miles SW) and surrounding employment hubs. The established neighborhood has a mix of older homes and newly constructed residences, ensuring strong rental demand.
This is a turnkey investment offering reliable income today and the opportunity to capture even greater returns tomorrow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,760
Year Built
- Built in 1949 | Remodeled in 1975
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 66 x 112
- Corner Lot
- Level Lot
- Property is in good condition
Parking
- 2 Car Detached Garage
- 6 Open Parking Spaces
- Parking Storage or Cabinetry
- Free Parking
- Front Facing Garage
- Rear-Facing Garage
- Garage Door Opener
- Parking Lot
- Off-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Main Floor Bedroom
- 4,332 Sq Ft Home
- Traditional Floor Plan
- Ceiling Fan
- City Views
- Carbon Monoxide Detectors
Kitchen
- Electric Oven or Range
- Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Patio
- Rain Gutters
Schools
- Walkersville High School
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Above Ground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- 4 Units
- 2-Story Building
Listing and Financial Details
- Coming Soon on 9/12/25
- Assessor Parcel Number 1111280528
Map
Home Values in the Area
Average Home Value in this Area
Source: Bright MLS
MLS Number: MDFR2070062

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