230 South Market Street
230 South Market Street
$560,000
—
2,880
2,880
$194
Pending
Description
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...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.
- Listed by Bobbi Prescott • RE/MAX ResultsP: 3015146163 bobbiprescott@gmail.com
Property Details for 230 South Market Street
Tax ID Number
1102104016
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date04-18-2024
MunicipalityFrederick City
Location
LISTING UPDATED: 04/21/2024 09:06 PM
Property Details for 230 South Market Street
Status | Pending |
---|---|
MLS # | MDFR2046960 |
Days on Market | 4 |
Taxes | $5,660 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1865 |
Lot Size | 0.08 AC / 3,348 SF |
County | Frederick County, MD |
Location
Building Information for 230 South Market Street
Stories-Residences1Year Built1865Building Size-Lot Size0.08 AC / 3,348 SF
Payment Calculator
$3,528 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 230 South Market Street
Property History for 230 South Market Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 230 South Market Street
Taxable ValueLand-Additions-Total-
Tax Record2023$5,748 ($479 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,880 SqFtAbove Grade Finished SqFt2,880 SqFtStories3Lot Size3,348 SqFtStyleTownhouseYear Built1865ZoningDRCountyFREDERICKAPN02-104016
Schools near 230 South Market Street
This home is within Frederick County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 8 |
Rating | School | Distance |
---|---|---|
Spring Ridge Elementary School PublicPK to 5 | ||
Gov. Thomas Johnson Middle School Public6 to 8 | ||
Gov. Thomas Johnson 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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