108 W FOURTH ST new to site

Frederick,MD 21701

$ 499000

4 Beds

4 Baths

1992 SqFt


Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,992 sqft

Price per Sqft $250

Subdivision Downtown Frederick

MLS Listing ID MDFR2062326

Style Colonial

Bedrooms 4

Full Baths 4

Year Built 1900

Annual Tax Amount $6,882

Tax Year 2024

Lot Size 4,959 Sqft

Property Sub-Type End of Row/Townhouse

Property Description

INVESTOR ALERT! SOLD AS-IS
This 4-UNIT APARTMENT BUILDING NEEDS WORK, but is located in the heart of Downtown Frederick and includes SIX OFF STREET PARKING SPACES and a large, fenced back yard, which is hard to find in Downtown Frederick.
Each apartment is individually metered in this all electric property, with tenants responsible for all utilities except water/sewer. The building offers 2-one bedroom apartments and 2 studio apartments, each featuring their own private entrance.
Each apartment housed long term tenants who paid under market rent.
3 units are vacant and 1 lease terminates in June. Seller did not renew leases once she decided to sell building. Three units need some cosmetic work ( flooring, elbow grease ) and are rentable as-is. Apartment #3 housed a hoarder and needs more work. The building itself also needs work.
Current lead certificates are on file for each unit. With fewer than 5 units, financing does not necessitate a commercial loan. Please be warned... Unit #3 housed a hoarder and has a terrible smell-

Location

State MD

County Frederick

Zoning DR

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Inclusions SOLD AS IS

Exterior

Water Access N

Building

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Frederick County Public Schools

Others

Special Listing Condition Standard

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