401 S MARKET ST, FREDERICK, MD 21701 (MLS # MDFR214598)

Price $529,900
Status Active
Beds 0
Baths 0 bath
Home size 3,975 sq ft
Lot Size 3,920 sqft
Four Unit Brick Apt Bldg In Downtown Frederick Historic District Approximately 4000 SQ/FT Grade & Above Fully Leased With Deeded Off Street Parking For Tenants, Gross Monthly Income Is $4270.00 Per Month With A Annual Gross Income Of $51,240.00. Annual Expenses Are Approximately $12,245 Which Includes Property Taxes Generating Annual NOI Of $38,995.00 All Units Are Separately Metered For Electric Service And Separate Electric Meter For Common Areas. Owner Pays Quarterly Water/Sewer And Monthly Natural Gas For Hot Water To All The Units. Lead Certificates For All Units On File. The building Conveys With A 1 BR Apt and 3 Two BR Apartments Each With A Kitchen and Full Bath. The Building Is Managed By A Local Management Company. Short Walk To MARC Rail Station, Downtown Galleries, Shopping, Restaurants And Carroll Creek Pavilion.
Property Type(s): Multi Family
Last Updated 2/11/2019 Tract HISTORIC DISTRICT
Year Built 1900 County FREDERICK

SCHOOLS

School District FREDERICK COUNTY PUBLIC SCHOOLS
Elementary School LINCOLN
Jr. High School WEST FREDERICK
High School FREDERICK HIGH

Additional Details

AIR Window Unit(s)
APPLIANCES Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
BASEMENT Other, Outside Entrance, Side Entrance, Yes
CONSTRUCTION Brick
HEAT Hot Water
HOA DUES None
LOT 3920 sq ft
LOT DESCRIPTION Cleared, Rear Yard
SEWER Public Sewer
STYLE Colonial
SUBDIVISION HISTORIC DISTRICT
TAXES 6305.0
UTILITIES Natural Gas Available,Electric Available
VIEW DESCRIPTION Street
WATER Public
ZONING DR

Location

 

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