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Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,026 sqft
Price per Sqft $125
MLS Listing ID MDFR2021582
Sold Date 08/18/22
Style Colonial
Abv Grd Liv Area 4,026
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $4,124
Tax Year 2021
Lot Size 6,250 Sqft
Acres 0.14
Property Description
INVESTOR ALERT!!!! Large 4 unit apartment building in Historic Brunswick Md. Building features (1) 3 bedroom unit and (3) 2 bedroom units. 1 of the 2 bedroom units being used as a 1 bedroom. Long term tenant all have renewed leases till 6-2023 and 7-2023. Unit are very large and can accommodate a sectional sofa, rare for a Brunswick apartment. Units have always been easy to re-rent. Property manager has done thorough and substantial updates to units and they show very well!!! Featuring new kitchens, flooring and drywall etc, etc, etc. Building leases are under market rate but still generates close to 57K per year! Sit back and collect on your investment, the work has been done!!! Electric- metered separately and paid by tenants. New roof 6 months old. Hot water heaters updated. Property owner must accompany all showings and tenants need 24 hour notice.
No weekend showings. Close proximity to Marc train. With substantial potential for rent increases this property has it all.
Location
State MD
County Frederick
Zoning R1
Rooms
Basement Dirt Floor, Outside Entrance
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Ceiling Fan(s)
Flooring Carpet, Vinyl, Wood, Other
Fireplace N
Window Features Replacement,Screens
Heat Source Electric
Exterior
Utilities Available Cable TV Available, Electric Available, Sewer Available
Waterfront N
Water Access N
View Street
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility None
Road Frontage City/County
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls,Paneled Walls
New Construction N
Schools
Elementary Schools Brunswick
Middle Schools Brunswick
High Schools Brunswick
School District Frederick County Public Schools
Others
Tax ID 1125477901
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Thomas Tinsley • 4 State Real Estate LLC