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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

    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

    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#: MDFR2046786MLS Logo

    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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