Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
230 S Market St, FREDERICK
$560,000
0 Beds
0 Baths
2,880 Sqft
.08 Acres
0 Garages
Wonderful three-unit apartment building in Downtown Frederick. Steps to MSD and the center of Downtown. Great opportunity to live in one unit and rent the other two, or rent all three! The floor plan of each unit is available in the photos. The building has been owned by the sellers since the 1960's. They used the building as a living space for their staff. The monthly rent amount collected is below market value. There are no written leases in place currently, only verbal. Unit 1 is unoccupied (includes washer/dryer in unit). Unit 2 is occupied at $750 a month and Unit 3 is occupied at $850 a month (the washer/dryer for units 2 & 3 are on the lower level). Heat is included with current rent amounts. In the winter gas runs about $600 a month. Water is also included in the current rent at $200 every quarter. The market value for rent for Units 1 & 2 is about $1450 per month and Unit 3 is about $1550 per month. Each unit is separately metered with individual electric meters. The building owner does pay for power forthe water heater and shared areas, which is about $188 every month. Sellers will convey property occupied with current tenants and arrangements. Disclosures in the MLS. Please allow 24 hours for showing requests.
Essential Information
MLS® #MDFR2046960
Price$560,000
Bathrooms0.00
Square Footage2,880
Acres0.08
Year Built1865
TypeMulti-Family
StyleColonial
StatusPending
Sub-Type
Interior Row/Townhouse, Triplex
Community Information
Address230 S Market St
CityFREDERICK
CountyFREDERICK-MD
StateMD
MunicipalityFrederick City
Zip Code21701
Interior
HeatingRadiator
CoolingWindow Unit(s)
Exterior
ExteriorBrick and Siding
FoundationBrick/Mortar
School Information
ElementarySPRING RIDGE
MiddleGOV. THOMAS JOHNSON
HighGOV. THOMAS JOHNSON
District
FREDERICK COUNTY PUBLIC SCHOOLS
Additional Information
ZoningDR
Listing Details
OfficeRE/MAX Results
Office Contact(301) 698-5005
Property History
Status Changed from Active to Pending
Status Changed from Coming Soon to Active
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Listing information last updated on May 1st, 2024 at 7:31pm EDT.
