Darren Ahearn
Darren Ahearn
240-317-2722240-317-2722

401 S Market STREET, Frederick, MD 21701 (MLS # MDFR214598)

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PRICE $520,000
BEDS 7
BATHS 4 full
HOME SIZE 7,950 sq ft
LOT SIZE 3,975 sqft

Four Unit Brick Apt Bldg In Downtown Frederick Historic District Approximately 4000 SQ/FT Grade & Above Fully Leased With Deeded Off Street Parking For Tenants, Gross Monthly Income Is $4270.00 Per Month With A Annual Gross Income Of $51,240.00. Annual Expenses Are Approximately $14,437.00 Which Includes Property Taxes Generating Annual NOI Of $36,803.00 All Units Are Separately Metered For Electric Service And Separate Electric Meter For Common Areas. Owner Pays Quarterly Water/Sewer And Monthly Natural Gas For Hot Water To All The Units. Lead Certificates For All Units On File. The building Conveys With A 1 BR Apt and 3 Two BR Apartments Each With A Kitchen and Full Bath. The Building Is Managed By A Local Management Company. Short Walk To MARC Rail Station, Downtown Galleries, Shopping, Restaurants And Carroll Creek Pavilion.

DAYS ON MARKET 46 LAST UPDATED 3/30/2019
YEAR BUILT 1900 COUNTY Frederick
STATUS Sold PROPERTY TYPE(S) Multi-Family

SCHOOLS
School District Frederick County Public Schools
Elementary School Lincoln
Jr. High School West Frederick
High School Frederick High


ADDITIONAL DETAILS
ACCESSIBILITY FEATURES None
APPLIANCES Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, Water Heater
ARCHITECTURAL STYLE Colonial
AUTOMATICALLY UPDATE TAX VALUES Y/N Y
BASEMENT TYPE Other, Outside Entrance, Side Entrance
BASEMENT YN Y
BASEOFFMARKETDATE 2019-03-30
CENTRAL AIR YN N
CITY/TOWN TAX 2584.00
CITY/TOWN TAX PYMNT FREQ Annually
CLOSE SALE TYPE Standard Sale
CONSTRUCTION MATERIALS Brick
COOLING FUEL Electric
COOLING TYPE Window Unit(s)
COUNTY TAX 3721.00
COUNTY TAX PYMNT FREQ Annually
CROSS STREET MADISON
ELECTRIC AVG Month / 80.0
ELECTRIC PREV 12 MONTHS 960.0
ELECTRIC SERVICE 200+ Amp Service, Circuit Breakers
ELEMENTARYSCHOOLSOURCE Listing Agent
ELEVATORS COUNT 0
EXCLUSIONS N/A
EXISTING LEASE TYPE Gross
FIREPLACE YN N
FLOORING TYPE Hardwood, Partially Carpeted
FOUNDATION DETAILS Brick/Mortar, Stone
HEATING FUEL Electric
HEATING TYPE Hot Water
HEATING YN Y
HIGHSCHOOLSOURCE Listing Agent
HISTORIC YN Y
HOT WATER Natural Gas
IN CITY LIMITS YN Y
INCLUSIONS Seller conveyance list
INCOME INCLUDES Apartment Rentals
LISTAGENTSTATELICENSENUMBER Lic# 35102 - MD
LISTING AGREEMENT TYPE Exclusive Right To Sell
LISTING SERVICE TYPE Full Service
LIVING AREA SQFT SOURCE Estimated
LOT FEATURES Cleared, Rear Yard
LOT SIZE SOURCE Assessor
LOT SIZE UNITS Square Feet
MIDDLESCHOOLSOURCE Listing Agent
MUNICIPAL TRASH Y/N Y
NAVIGABLE WATER YN N
ONE BEDROOM UNITS COUNT 1
OTHER UNITS Unit 1, Unit 2, Unit 3, Unit 4
OUTDOOR LIVING STRUCTURES Deck(s)
OWNER PAYS Common Area Maintenance, Gas, Insurance, Lawn/Shrub Care, Management, Miscellaneous, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Water
OWNERSHIP INTEREST Fee Simple
PHOTO OPTION Lister Will Upload All
POOL No Pool
POSSESSION Negotiable
PRICE PER SQFT 133.31
PROPERTY CONDITION As-is Condition
PROPERTY SUB TYPE Quadruplex
PROPERTY TYPE Multi-Family
RIPARIAN RIGHTS YN N
ROAD RESPONSIBILITY City/County
ROOF Unknown
SCHOOLDISTRICTSOURCE Listing Agent
SECURITY FEATURES Smoke Detector
SEWER SEPTIC Public Sewer
SINGLE ROOM UNITS COUNT 0
STANDARD STATUS Closed
STRUCTURE TYPE Twin/Semi-Detached
SUB SYSTEM LOCALE BRIGHT_MAIN
TAX ANNUAL AMOUNT 6305.0
TAX ASSESSED VALUE 353767.0
TAX TOTAL FINISHED SQFT 3529
TAX YEAR 2018
THREE BEDROOM UNITS COUNT 0
TIDAL WATER YN N
TOTAL SQFT SOURCE Estimated
TOTAL TAXES PYMNT FREQ Annually
TWO BEDROOM UNITS COUNT 3
TYPE OF PARKING Driveway, On Street
UNITS FURNISHED None
UTILITIES Electric Available, Natural Gas Available
VACATION RENTAL YN N
VIEW Street
WALL & CEILING TYPES Dry Wall, Plaster Walls
WATER ACCESS YN N
WATER ORIENTED YN N
WATER SOURCE Public
WATER VIEW YN N
WATERFRONT YN N
WINDOW FEATURES Wood Frame
YEAR ASSESSED 2018
YEAR BUILT SOURCE Public Records
ZONING DR

ZESTIMATE
$523542  401 S Market STREET, Frederick, MD

RENT ZESTIMATE
$2500 / mo.  401 S Market STREET, Frederick, MD

83 Very Walkable



 
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Listed with Real Estate Teams, Llc
Information is deemed reliable but not guaranteed.
Copyright © 2019 Bright MLS, Inc.
Last Updated: 4/22/19 6:04 AM PDT

About Darren Ahearn

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Darren Ahearn

darrenahearn@gmail.com

7210 Corporate Court Suite B, Frederick, MD 21703

240-317-2722240-317-2722 main

240 344 1713240 344 1713 office

240 344 1713240 344 1713 mobile

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7210 Corporate Ct. Suite B Frederick, MD. 21703

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Community Events

Western Maryland Rail Trail Bike Ride #2

Frederick Ski Club...much more than just skiing!

On Sunday April 21, 2019 at 9:00 am, Frederick Ski Club goes to the Western Rail Trail in Hancock, Md. We will meet in the parking lot/ boat ramp on the C&O Canal. We will meet at 9:00 am and start the ride soon after. We will ride west on the...

Meetup 4th Tuesday of the month, Mark your calendar. Lets Network & brainstorm!

Frederick Fusion Real Estate Investing Network Meetup

This Meetup is for anyone interested or already investing in any kind of real estate. It does not matter what level investor you are. You can be just starting out or well seasoned. This group welcomes all investors! Wholesalers, Rehabers,...

Networking for business professionals! - LeTip of Frederick

LeTip of Frederick (Business Networking)

Hello All, our meeting starts promptly at 7:16am at IHOP in south Frederick. Please arrive no later than 7am to allow time for mingling and ordering your coffee/breakfast. Feel free to bring plenty of business cards to exchange with other...

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