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Frederick 21701
230 S MARKET ST
$560,000
Townhouse - In Contract

230 S MARKET ST

FREDERICK, MD 21701
bedrooms
Studio
bathrooms
0 Bath
$2,750
Estimated Monthly
$0
HOA / Fees

About This Property

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 for the 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.
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$472
HOA Dues
-
Year Built
1865
Last updated: 10 days ago (Bright MLS #MDFR2046960)

Price History

Date / Event Date Event Price
Apr 22, 2024 In contract -
In contract
Apr 18, 2024 Listed by RE/MAX Results $560,000
Listed by RE/MAX Results

Property Highlights

Air Conditioning
Parking Details
Parking Features: On Street
Interior Details

Interior Information

Living Area Square Feet Source: Assessor

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$650,000 Feb 26, 2024
$650,000 Mar 29, 2024
-
Townhouse
3 Beds
2 Baths
1,660 ft²
$337/ft²
$560,000 Apr 12, 2023
$560,000 May 9, 2023
-
House
4 Beds
4 Baths
2,544 ft²
$189/ft²
$480,000 Mar 17, 2020
$480,000 Jul 2, 2020
-
Condo
2 Beds
3 Baths
1,744 ft²
$268/ft²
$467,900 Aug 19, 2016
$467,900 Sep 30, 2016
$325/mo
Condo
2 Beds
2 Baths
1,492 ft²
$412/ft²
$615,000 Jan 11, 2023
$615,000 Mar 16, 2023
-
House
3 Beds
2 Baths
-
$449,000 Jul 6, 2023
$449,000 Jul 6, 2023
-
Townhouse
3 Beds
4 Baths
2,221 ft²
$270/ft²
$599,000 Mar 21, 2024
-
-
Townhouse
2 Beds
2 Baths
1,400 ft²
$357/ft²
$499,900 Feb 9, 2024
-
-
Townhouse
4 Beds
2 Baths
2,047 ft²
$232/ft²
$475,000 Apr 3, 2024
-
-
House
3 Beds
2 Baths
1,410 ft²
$351/ft²
$495,000 Feb 29, 2024
-
-
House
2 Beds
2 Baths
1,364 ft²
$337/ft²
$459,900 Feb 9, 2024
-
-
House
4 Beds
5 Baths
-
$649,000 Feb 7, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20240411
04/11/2024
Studio
-
-
$560,000
bedrooms
Studio
bathrooms
-
-
-
-
Bobbi Prescott
RE/MAX Real Estate

Building Info

230 South Market Street 230 South Market Street, Frederick, MD 21701
More about this Building
230 South Market Street
Want to find out who owns 230 South Market Street, Frederick, MD 21701? Get detailed property transactions here .

About Frederick


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