108 W 4th St Frederick, MD 21701
Downtown Frederick NeighborhoodEstimated payment $3,359/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: MDFR2062020

APN: 02-086638
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