Skip To Content

613 Chapel Thru 617 Alley

FREDERICK, MD 21701
  • $490,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: MDFR2028468
$490,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,446
    SQFT
  • $200
    $/SQFT
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Description

Great investment opportunity in downtown Frederick with off street parking. Three units in all - live in one and rent the other two or rent all three as this property has great potential. Each unit has a full kitchen and laundry machines, living room and dining room on the main level with rear access to the parking area. The upper levels each have one bed and one full bath, with unit #617 having a bonus room. Each also has walk up attic access and an unfinished basement. Well maintained with some recent updating which includes some flooring and paint. Current annual rental income is $47,520 and tenants pay all utilities. Two units share water, while the 3rd has its own meter and all have separate electrical meters. Owner has been maintaining property to control expenses but this presents a great opportunity. Nice location, walkable to points of interest in downtown and close to commuting routes. Please allow 48 hours notice to coordinate with all tenants for showings.

Monthly Payment Calculator

www.marylandshoreliving.com/homes/134831728
Print Image

613 Chapel Thru 617 Alley FREDERICK, MD 21701

  • Price: $490,000
  • Status: Active
  • On Site: 19 Days
  • MLS #: MDFR2028468
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,446
SQFT
$200
$/SQFT
1914
Built
County:
Frederick
School District:
Frederick County Public Schools
Property Description
Great investment opportunity in downtown Frederick with off street parking. Three units in all - live in one and rent the other two or rent all three as this property has great potential. Each unit has a full kitchen and laundry machines, living room and dining room on the main level with rear access to the parking area. The upper levels each have one bed and one full bath, with unit #617 having a bonus room. Each also has walk up attic access and an unfinished basement. Well maintained with some recent updating which includes some flooring and paint. Current annual rental income is $47,520 and tenants pay all utilities. Two units share water, while the 3rd has its own meter and all have separate electrical meters. Owner has been maintaining property to control expenses but this presents a great opportunity. Nice location, walkable to points of interest in downtown and close to commuting routes. Please allow 48 hours notice to coordinate with all tenants for showings.
Exterior Features

Architectural Style Colonial Construction Materials Vinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Types OtherDriveway Pool No Pool Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2446 Appliances DryerWasher Below Grade Finished Area 0 Below Grade Unfinished Area 325 Cooling Window Unit(S) Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Other Municipality Frederick City Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 802014632252 Ownership Interest Fee Simple Possession NegotiableSettlement Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 5906.00 Tax Assessment Amount 329700.00 Vacation Rental YN No Water Source Public Zoning Dr

 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802014632252-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802014632252-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802014632252-2.jpg
Logo
Maryland Shore Living | Benson & Mangold Real Estate
31 Goldsborough Street
Easton MD, 21601