112 Ice St

Frederick, MD 21701

$360,000
Last Sold Price
—
Beds
—
Baths
2,436 Sq. Ft.
$148 / Sq. Ft.
2,436
Sq. Ft.
$148
per Sq. Ft.
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Closed 9/4/20
Closed 9/4/20
112 Living Room
112 Living Room
112 Dining Room
112 Kitchen
112 Kitchen
112 Door to Basement
112 Den looking in to Full Bath and Walk In Closet
112 Full Bath
112 Full Bath
112 Walk In Closet
112 Den/ Office
112 Den/ Office
112 Bedroom #1
112 Bedroom #1
110 Living Room
110 Living Room
110 Dining Room
110 Dining Room
110 Dining Room
110 Kitchen
110 Kitchen
110 Kitchen
110 Full Bath
110 Full Bath
110 Den/ Office
110 Den/ Office
110 Den/ Office
110 Walk In Closet
110 Bedroom #1
110 Bedroom #1
110 Bedroom #1
108 Living Room
108 Dining Room
108 Kitchen
108 Den/ Office
108 Bathroom
108 Bedroom
108 Walk In Closet
Backyard
Backyard
Backyard
Access to Backyard from Street
Rear Exterior
Rear Exterior
Rear Exterior
Front Exterior
Street View
Street View

Description

3 Unit brick building all on one deed. Great investment opportunity. Rent out all three or live in one and rent the other two! Each unit has 1 bedroom, 1 bath, separate living and dining rooms, and den/office. Rubber roof is only 5 years old. Units separately metered (water and electric). Tenants pay all utilities. Landlord pays real estate taxes and insurance. When fully leased, rental income is $3,075/ month or $36,900/ year. Annual expenses are roughly $6,400/ year (including avg. budget of $1.200...3 Unit brick building all on one deed. Great investment opportunity. Rent out all three or live in one and rent the other two! Each unit has 1 bedroom, 1 bath, separate living and dining rooms, and den/office. Rubber roof is only 5 years old. Units separately metered (water and electric). Tenants pay all utilities. Landlord pays real estate taxes and insurance. When fully leased, rental income is $3,075/ month or $36,900/ year. Annual expenses are roughly $6,400/ year (including avg. budget of $1.200 for repairs). Noi = $30,500. Cap Rate = 8.2%. All numbers based on self management. Lead Certs available for all units. Units 110 and 112 can be viewed in person without 24 hour notice. Due to COVID precautionary measures, unit 108 will only be available for virtual tours. Please do not disturb tenant in unit 108. Property was fully leased until very recent when owners decided to renovate units 110 and 112. Property being sold AS-IS.
  1. Listed by Richard E Ropp • Real Estate Teams, LLC
    P: (301)-748-1757 rich@ropprealestate.com

Property Details for 112 Ice Street

Tax ID Number
1102114240
Ownership
Fee Simple
HOA
No
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Views
Street
Garage
No
LISTING UPDATED: 08/19/2022 12:20 PM

Property Details for 112 Ice Street

StatusClosed
MLS #MDFR264488
Days on Market24
Taxes$4,183 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1860
Lot Size0.06 AC / 2,688 SF
CountyFrederick County, MD
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Location

Add your commute

Building Information for 112 Ice Street

Stories-Residences3Year Built1860Building Size-Lot Size0.06 AC / 2,688 SF

Payment Calculator

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$2,103 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,755

Property Taxes

$349

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 112 Ice Street

Location
Location
  • In City Limits: Yes
  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139693024
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICK
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2019
  • Tax Assessed Value: $252,700
  • Year Assessed: 2020
  • County Tax: $2,315
  • Improvement Assessed Value: $188,900
  • City Town Tax: $1,604
  • Land Assessed Value: $130,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 010
  • Refuse Fee: $264
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: DR
  • Tax Lot: 1
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Management, Repairs, Reserves for Replacement, Taxes - Real Estate, Trash Collection
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 1
  • Number Of Units Vacant: 2
  • Vacancy Allowance Rate: 66.00%
  • Number Of Units Month To Month: 1
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $6,400
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $1,000
  • Maintenance Expense: $1,200
Financial Information
  • Gross Income: $36,900
  • Gross Scheduled Income: $36,900
  • Net Operating Income: $30,500
  • Income Includes: Apartment Rentals
  • Cap Rate: 8.20
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,436.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Road Surface Type: Black Top
  • Road Responsibility: City/County
  • Location Type: Middle Of Block
  • Parcel ID: 11510492
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Other
Interior Features
Interior Features
  • Interior Features: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Tub Shower
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: None
  • Door Features: Storm
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Frederick County Association of REALTORS

Property History for 112 Ice Street

DateEvent & SourcePriceAppreciation
Sep 4, 2020

Closed

BRIGHT #MDFR264488

$360,000—
Jul 22, 2020

Pending

BRIGHT #MDFR264488

—
Jun 4, 2020

Listed (Active)

BRIGHT #MDFR264488

$370,000—
DateEvent & SourcePrice
09/04/2020

Closed

BRIGHT #MDFR264488

$360,000
07/22/2020

Pending

BRIGHT #MDFR264488

—
06/04/2020

Listed (Active)

BRIGHT #MDFR264488

$370,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 112 Ice Street

This home is within Frederick County Public Schools.
Rating
School
Type
Grades
Distance
Lincoln Elementary School
Public - PK to 5
Crestwood Middle School
Public - 6 to 8
Tuscarora High School
Public - 9 to 12
Monocacy Valley Montessori School
Charter - PK to 8
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

Crestwood Middle School
Public6 to 8

Tuscarora High School
Public9 to 12

Monocacy Valley Montessori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Teams, LLC

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/19/2022 12:20 PM