This property boasts a fully leased, updated, and renovated 4-unit apartment building, offering the potential to occupy one unit while generating income from the others. Each apartment is individually metered in this all-electric property, with tenants responsible for all utilities except water/sewer. The building comprises two one-bedroom apartments on each floor, each featuring shaded front and rear porches. The basement is dry and unfinished, providing internal access and housing four hot water heaters. There are window A/C units for each apartment. Current lead certificates and executed leases are on file for each unit. Constructed with low-maintenance block materials. Each unit can obtain one free parking permit to park in the street in front of the building. A narrow 'Pony Way' or alley on the east side provides access to the rear garden. Conveniently located near the MARC Rail Station, Carroll Creek Promenade, restaurants, galleries, and shopping, the property is meticulously maintained and managed by the current owner. The property generates $59,500 in total annual income in 2023 and $62,400 in 2024, with expenses, including taxes, insurance, water/sewer, lead inspection (only required upon change of tenants), and normal maintenance totaling approximately $ 12,400 annually, resulting in a net operating income of $50,000. With fewer than 5 units, financing does not necessitate a burdensome commercial loan. This property is also listed under Multi-Family - MLS# MDFR2046172
Sold for $640,000 on 05/09/24
$640,000
154 W All Saints St #156, Frederick, MD 21701
4beds
2,544sqft
Single Family Residence
Built in 1927
3,600 Square Feet Lot
$654,300 Zestimate®
$252/sqft
$2,316 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 10, 2024 at 12:57pm
Listed by:
Mandy Rehm 240-838-0672,
RE/MAX Realty Group
Bought with:
Thomas Campbell, 610087
Charis Realty Group
Christy Issler, 582184
Charis Realty Group
Source: Bright MLS,MLS#: MDFR2046786

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 648
Heating
- Baseboard, Heat Pump, Electric
Cooling
- Ceiling Fan(s), Window Unit(s), Electric
Appliances
- Included: Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Electric Water Heater
Features
- Attic, Ceiling Fan(s), Floor Plan - Traditional, Eat-in Kitchen
- Flooring: Hardwood, Carpet, Vinyl, Wood
- Doors: Storm Door(s)
- Windows: Screens, Vinyl Clad
- Basement: Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,192
- Total interior livable area: 2,544 sqft
- Finished area above ground: 2,544
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Exterior features: Street Lights, Balcony
- Pool features: None
- Has view: Yes
- View description: Garden, Street
Lot
- Size: 3,600 sqft
- Features: Cleared, Level, Rear Yard, Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1102028166
- Zoning: DR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Transitional
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stone, Block
- Roof: Metal,Asphalt
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Frederick
- Subdivision: Frederick Historic District
- Municipality: Frederick City
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Services availability

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