$560,000
●
Townhouse -
In Contract
230 S MARKET ST
FREDERICK, MD 21701
Studio
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
Listed By
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
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Brick/Mortar
Other Structures: Above Grade, Below Grade
Structure Type: Interior Row/Townhouse
Construction Materials: Brick
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $314,833
Financial Details
County Tax: $3,360
County Tax Payment Frequency: Annually
City Town Tax: $2,299
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $314,833
Tax Year: 2023
Tax Annual Amount: $5,660
Year Assessed: 2023
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Radiator
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
-
In Contract
Townhouse
4
Beds
2
Baths
2,047 ft²
$232/ft²
$475,000
Apr 3, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/11/2024
|
|
Studio
|
-
|
-
|
$560,000
Studio
-
|
-
-
|
-
|
Bobbi Prescott
RE/MAX Real Estate
|