6726 Jefferson Blvd Frederick, MD 21703
Braddock Heights NeighborhoodHighlights
- Radiator
- Middletown Elementary School Rated A-
- 5-minute walk to Braddock Heights Park
About This Home
As of October 20246726 Jefferson Blvd in Braddock Heights is a unique multifamily property currently on the market for $595,000. This versatile property comprises 2-4 units, and the owner is relocating, presenting an excellent investment opportunity. The expansive 24,020-square-foot property boasts convenient access points from two main roads at the front and rear.
Notably, more than 15,000 square feet of the property is dedicated to rear parking, accessible via a gravel road, providing ample parking space. The following are detailed descriptions of each unit:
Unit 1:
Located on the ground floor
Two bedrooms, one bathroom
Updated flooring and in-unit washer and dryer
Currently leased for one year with tenants paying $1,575 per month
Features a private front porch
Unit 2:
Situated on the second floor
Four bedrooms, two baths
Carpeted floors with ample storage
In-unit washer and dryer
Currently leased for one year with tenants paying $1,879 per month
Includes a private front deck
Unit 3:
Ground floor unit
One bedroom, one bath
Updated wood flooring and in-unit washer and dryer
Currently leased for one year with tenants paying $1,325 per month
Offers a private patio
Unit 4:
Studio unit above ground
Ceramic tile flooring and updated appliances
Currently leased for one year with tenants paying $850 per month
Features its own private patio
This multifamily property not only provides a diverse range of living spaces but also stands out with its strategic location and substantial parking amenities. Don't miss the chance to invest in this property with established leases in place, generating a solid rental income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,116
Year Built
- Built in 1905
Lot Details
- 0.55 Acre Lot
Parking
- Off-Street Parking
Home Design
- Quadruplex
- Block Foundation
- Stucco
Schools
- Middletown
- Middletown High School
Utilities
- Radiator
- Electric Water Heater
- On Site Septic
Additional Features
- Basement
Listing and Financial Details
- The owner pays for trash collection, lawn/shrub care, real estate taxes, water
- Assessor Parcel Number 1124444201
Community Details
Overview
- 4 Units
- Braddock Heights Subdivision
Building Details
- 1 Vacant Unit
- Income includes apartment rentals
- Net Operating Income $61,296
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $550,000 | -7.6% | $183 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $595,000 | 0.0% | $198 / Sq Ft |
| 07/10/2024 07/10/24 | Off Market | $595,000 | -- | -- |
| 05/13/2024 05/13/24 | Price Changed | $595,000 | -4.8% | $198 / Sq Ft |
| 04/25/2024 04/25/24 | Price Changed | $625,000 | -7.4% | $208 / Sq Ft |
| 03/21/2024 03/21/24 | Price Changed | $675,000 | -2.9% | $225 / Sq Ft |
| 03/03/2024 03/03/24 | For Sale | $695,000 | +279.8% | $232 / Sq Ft |
| 10/30/2013 10/30/13 | Sold | $183,000 | -22.1% | $102 / Sq Ft |
| 09/16/2013 09/16/13 | Pending | -- | -- | -- |
| 05/15/2013 05/15/13 | For Sale | $234,900 | -- | $131 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,639 | $281,333 | $0 | $0 |
| 2023 | $3,204 | $263,600 | $114,100 | $149,500 |
| 2022 | $3,090 | $256,300 | $0 | $0 |
| 2021 | $2,919 | $249,000 | $0 | $0 |
| 2020 | $2,919 | $241,700 | $114,100 | $127,600 |
| 2019 | $2,915 | $240,333 | $0 | $0 |
| 2018 | $2,925 | $238,967 | $0 | $0 |
| 2017 | $2,883 | $237,600 | $0 | $0 |
| 2016 | $3,479 | $230,633 | $0 | $0 |
| 2015 | $3,479 | $223,667 | $0 | $0 |
| 2014 | $3,479 | $216,700 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | New Conventional | |
| Previous Owner | $137,250 | New Conventional | |
| Previous Owner | $54,000 | Credit Line Revolving | |
| Previous Owner | $192,500 | Purchase Money Mortgage | |
| Previous Owner | $192,500 | Purchase Money Mortgage | |
| Closed | -- | No Value Available |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | Apex Settlement | |
| Special Warranty Deed | $183,000 | Fatco | |
| Trustee Deed | $226,608 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $165,000 | -- |
Source: Bright MLS
MLS Number: MDFR2045410
APN: 24-444201
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