This historic downtown property has been an excellent investment for the current owners and can be one for you. The ground floor is a dry cleaners and alteration business that has been there for 34 years. The upper level has two one bedroom apartments. All dry cleaning is done off premises. The two apartments are accessed through the right side front door and up an impressive staircase. The drive way is owned by the seller and leads to 2 or more parking spaces in the rear. The property has a separate garage and large storage building which are not rented but offer additional potential rental income. There is an abundance of potential uses. Klineharts Alley is a convenient exit/entrance for the rear parking area. All tenants are month to month and prefer to stay. The business also wants to continue at this location. The building is in very good condition, and this is a premium location for commercial/residential use.
Sold for $660,000 on 03/17/25
$660,000
413 N Market St, Frederick, MD 21701
2beds
2baths
4,888sqft
Multi Family
Built in 1834
-- sqft lot
$648,200 Zestimate®
$135/sqft
$1,753 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 10:42am
Listed by:
Melony Bush 240-529-0177,
Mackintosh, Inc.
Bought with:
J. Powell, 35102
Real Estate Teams, LLC
Source: Bright MLS,MLS#: MDFR2058754

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Basement
- Area: 899
Heating
- Baseboard, Forced Air, Natural Gas, Electric
Cooling
- Window Unit(s), Central Air, Electric
Appliances
- Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
Features
- Basement: Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 5,787
- Total interior livable area: 4,888 sqft
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Rain Gutters, Storage
- Pool features: None
Lot
- Size: 8,611 sqft
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 1102039893
- Zoning: DB
- Zoning description: downtown business
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar
Condition
- Good
- New construction: No
- Year built: 1834
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Frederick
- Municipality: Frederick City
HOA & financial
Other financial information
- Total actual rent: 47460
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability

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