243 Market, Thru 245 Street South
Frederick, MD 21701
MLS #FR10094200

  • 3units
  • 0.19acres
  • 2,236sq ft
Est. P&I payment: $2234.3/mo
Description for 243 Market, Thru 245 Street South, Frederick, MD 21701
RARE INVESTMENT OPPORTUNITY in Historic Downtown Frederick; 3 one-bedroom apartments w/ original wood flooring, updated kitchens & baths, plus heat pumps; rent for a total of $3,385.00 per month. Price includes 13 garages in rear of property that rent for a total of $1,225 per month. Tenants pay all utilities including water & sewer. Managed by Guardian Properties. 48 HOURS NOTICE NEEDED TO SHOW.
MLS #FR10094200
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My Notes for MLS #FR10094200

General Features

  • Property Type: Multi-Family
  • Type: Townhouse
  • Year Built: 1865
  • Total Units: 3
  • One Bedroom Units: 3

Exterior Features

  • Exterior: Brick and Siding
  • Exterior Features: Fenced-Rear,​Balcony
  • Stories: 3
  • Handicap: None
  • Lot Description: Corner Lot
  • Lot AreaAcre: 0.189394
  • Lot Size Area: 8,250
  • Parking: Garage
  • Garage: 13
  • Garage Type: Detached
  • Water Front: N

Interior Features

  • Tax Total Living Area: 2,236
  • Basement: Y
  • Basement Entrance: Cellar Entrance
  • Basement Type: Partial,​Unfinished

Utilities Features

  • Appliances: Dishwasher,​Dryer,​Microwave,​Oven / Range - Electric,​Refrigerator,​Washer
  • Cooling Fuel: Electric
  • Cooling: Central Air Conditioning
  • Heating Fuel: Electric
  • Heating: Heat Pump(s)
  • Hot Water: Electric
  • Metering: Fully Separate
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 5,191.6
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 2,091.66
  • City Town Tax Payment Freq: Annually
  • County Tax: 3,011.94
  • County Tax Payment Freq: Annually
  • Tax Year: 2017
  • Improvement Assessment Amount: 256,500
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 63,100
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 319,600
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2017
  • Refuse Fee: 88
  • Property Net Operating Income: 16,381.2
  • Gross Income: 44,051.74
  • Expenses: 27,670.54
  • Monthly Gross Rent: 4,610

Community Features

  • City: 10000061077
  • County: Frederick
  • HOA: N
  • Vacation Home: N
  • Transportation: Public Bus Service

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: 1 Year Lease(s)
  • Property Condition: Shows Well
  • New Construction: N
  • Zoning Code: DR


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The listing information for 243 Market, Thru 245 Street South, Frederick, MD 21701 was graciously provided by our friends at the listing brokerage, Marsh Realty

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P&I Payment $2234.3
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Last Updated 12/13/2017 at 8:58pm
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