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401 S MARKET STREET
Frederick, Maryland, United States

Appliances

Dishwasher, Dryer, Oven, Refrigerator, Washer & Dryer.

Rooms

Basement.

Exterior finish

Brick.

Description

Four Unit Brick Apt Bldg In Downtown Frederick Historic District Approximately 4000 SQ/FT Grade & Above Fully Leased With Deeded Off Street Parking For Tenants, Gross Monthly Income Is $4270.00 Per Month With A Annual Gross Income Of $51,240.00. Annual Expenses Are Approximately $12,245 Which Includes Property Taxes Generating Annual NOI Of $38,995.00 All Units Are Separately Metered For Electric Service And Separate Electric Meter For Common Areas. Owner Pays Quarterly Water/Sewer And Monthly Natural Gas For Hot Water To All The Units. Lead Certificates For All Units On File. The building Conveys With A 1 BR Apt and 3 Two BR Apartments Each With A Kitchen and Full Bath. The Building Is Managed By A Local Management Company. Short Walk To MARC Rail Station, Downtown Galleries, Shopping, Restaurants And Carroll Creek Pavilion.

Schools

FREDERICK COUNTY PUBLIC SCHOOLS School District
LINCOLN Elementary , FREDERICK HIGH High , Junior High , WEST FREDERICK Middle School

Presented by

Location

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