Opportunity to own a certified lead free turn key 4-unit property just outside of downtown Frederick! Zoned for Downtown residential provides the opportunity to potentially add additional units since the lot is large enough to accommodate additional parking. Each of the 4 units contain one bedroom and one bathroom. Total monthly income is $5485 There is a coin operated washer and dryer in the basement of the property. One unit can be delivered vacant if purchaser would like to occupy one unit. Fantastic house hack opportunity!
New Price*** 111 E 6th Street is a charming single family home that was converted to 2, 1 bedroom apartments, providing opportunities and options for the next owner. Continue to rent these desirable apartments for a nice investment. Each have eat in kitchens and "in apt" washer and dryer. These units rent very quickly. Or, live in one and rent the other to offset expenses, Or convert back to a single family home, the inside stairs are still in place and could be opened up. As an end unit, this property has lots of natural sunlight and window exposure. A super and inviting front porch is cozy and a fun place to relax while enjoying a beverage. There is a small, fenced back yard and a "partial" driveway that could possibly accommodate a small car and motorcycle parking. There is plenty of street parking available. The location is great! Close to all of the amazing Frederick amenities, restaurants, coffee shops, retail, parks, trails, schools, YMCA, hospital and public transportation while also being in a quieter residential area.
Welcome to 232 E 2nd Street, located in the beautiful Historic District of downtown Frederick—just minutes from local shops, restaurants, and parks. This four-level brick rowhome is currently configured as a four-unit multifamily property. All of the units are currently vacant. The additional units include: - Two 2-bedroom units (previously rented between $1,200 and $1,500 each) - One 1-bedroom unit (previously rented between $1,000 and $1,200) _ Efficiency Unit (previously rented for 25 years for $700) Featuring a beautiful yard and classic historic charm, this property is a golden opportunity for a savvy investor or a buyer looking for a fixer-upper with immense potential. With a little imagination and innovation, you can maximize the possibilities of this unique home. Sold strictly "As Is" and priced accordingly
Owner Occupant FHA Loan Available: Exceptional investment opportunity in the heart of Downtown Frederick on highly desirable Dill Avenue! This well-maintained 4-unit multifamily property offers an unbeatable location within walking distance to all of the shops, restaurants, breweries, and entertainment that historic downtown Frederick is known for. With consistently strong rental demand and a track record of near 100% occupancy, this is the type of asset investors seek but rarely find. Three of the four tenants have been in place for many years, providing immediate stability and dependable cash flow. The property has been well cared for over the years, resulting in very little to no annual maintenance expense, making it an ideal low-hassle addition to any portfolio. Whether you’re expanding an existing portfolio or acquiring your first multifamily in a prime market, this Dill Ave property delivers location, longevity, and performance. Don’t miss this rare chance to own a high-demand rental property in one of Frederick’s most sought-after downtown neighborhoods!
Frederick is located in Maryland. Frederick, Maryland has a population of 76,376. Frederick is less family-centric than the surrounding county with 34.68% of the households containing married families with children. The county average for households married with children is 35.88%.
The median household income in Frederick, Maryland is $82,563. The median household income for the surrounding county is $106,129 compared to the national median of $69,021. The median age of people living in Frederick is 36.9 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 42.5 inches per year, with 23.1 inches of snow per year.
