$499,000
PENDING

Estimated payment $3,359/month

Total Views 9,000
-- Bed
-- Bath
1,992 Sq Ft
$251 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • 3-minute walk to Bonita W. Maas Park
  • Parkway Elementary School Rated A-

About This Home

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.

Listing Agent

Barbara Swanhart

Samson Properties License #528757

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1900

Lot Details

  • 4,959 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • Basement
  • Exterior Basement Entry

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Listing and Financial Details

  • Assessor Parcel Number 1102086638

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,882

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: SOLD AS IS
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Remarks Public: 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.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 2434
  • Living Area Sq Ft: 1992
  • Price Per Sq Ft: 250.50
  • Above Grade Finished Sq Ft: 1992
  • Below Grade Sq Ft: 442
  • Total Below Grade Sq Ft: 442
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 108

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District Key: 121139693024
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: M
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4959.00
  • Year Assessed: 2025
  • Zoning: DR
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6882.00
  • Assessor Parcel Number: 1102086638
  • Tax Total Finished Sq Ft: 1992
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 2

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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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 Change Sq Ft Price
04/18/2025 04/18/25 Pending -- -- --
04/17/2025 04/17/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $499,000 0.0% $251 / Sq Ft
04/11/2025 04/11/25 For Sale $499,000 -- $251 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: MDFR2062020

Bright MLS

APN: 02-086638