1 of 75

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230 S Market Street

Frederick, MD 21701

– beds
– baths
2,880 sqft
3,348 sqft lot
$194 per sqft
1865 build

Wonderful three-unit apartment building in Downtown Frederick. Steps to MSD and the center of Downtown. Great opportunity to live in one unit and rent the other two, or rent all three! The floor plan of each unit is available in the photos. The building has been owned by the sellers since the 1960's. They used the building as a living space for their staff. The monthly rent amount collected is below market value. There are no written leases in place currently, only verbal. Unit 1 is unoccupied (includes washer/dryer in unit). Unit 2 is occupied at $750 a month and Unit 3 is occupied at $850 a month (the washer/dryer for units 2 & 3 are on the lower level). Heat is included with current rent amounts. In the winter gas runs about $600 a month. Water is also included in the current rent at $200 every quarter. The market value for rent for Units 1 & 2 is about $1450 per month and Unit 3 is about $1550 per month. Each unit is separately metered with individual electric meters. The building owner does pay for power for the water heater and shared areas, which is about $188 every month. Sellers will convey property occupied with current tenants and arrangements. Disclosures in the MLS. Please allow 24 hours for showing requests.

Listing courtesy of BRIGHT / RE/MAX Results

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# MDFR2046960 —

The Building

Year Built:

1865
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Interior Row/Townhouse
Architectural Style:

Colonial
Historic:

Yes
Building Units Total:

1
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Total SqFt Source:

Assessor
Total Below Grade SqFt:

960
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2880

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3840
Living Area SqFt:

2,880 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

RIGHT side of Market Street, just past MSD.
Latitude:

39.40982000
Longitude:

-77.41129000

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.08
Lot Size Source:

Assessor
Lot SqFt:

3,348 Sqft
Zoning:

DR
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

R
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

1102104016
Tax Year:

2023
Tax Annual Amount:

$5,660
Tax Assessed Value:

$314,833
Year Assessed:

2023
County Tax:

3360.00
City/Town Tax:

2299.00
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour
Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

Elementary School:

Spring Ridge
Middle School:

Gov. Thomas Johnson
High School:

GOV. THOMAS JOHNSON
School District Name:

Frederick County Public Schools
School District Source:

3rd Party

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
One Bedroom Units:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/21/24 Apr 21, 2024	Pending	BRIGHT	$560,000
4/17/24 Apr 17, 2024	Listed / Active	BRIGHT	$560,000

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This multifamily located in Downtown Frederick, Frederick, MD 21701 is currently pending sale for $560,000. 230 S Market Street is a 2,880 square foot multifamily with – beds and – baths. 230 S Market Street is in the Downtown Frederick neighborhood of Frederick and has a WalkScore® of 75, making it very walkable. This multifamily is in the attendance area of Gov. Thomas Johnson High School, Gov. Thomas Johnson Middle School, and Spring Ridge Elementary School.

Listing Courtesy of: BRIGHT and RE/MAX Results.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.