Active
606 E Patrick St
Frederick MD, 21701
$1,500,000
$163.49 per sqft
Active
7 Beds
9,175 sqft
Residential
Built in 1913
This is a prime investment opportunity in the heart of vibrant Downtown Frederick. This exceptional 18-unit multi-family property promises steady income and potential growth, surrounded by Frederick's bustling attractions, cultural hotspots, and top-tier amenities. Nestled in Downtown Frederick, it's just steps away from award-winning dining, artisanal shops, and the iconic Market Street. Residents are minutes from Baker Park's scenic trails, the lively Carroll Creek Promenade, theaters, galleries, and endless entertainment options. Plus, with easy access to major highways and a walk to the MARC train, tenants enjoy seamless commutes to DC, Baltimore, and beyond. Each unit offers a unique layout, with a mix of studio, and one-bedroom, options even featuring private kitchens and bathrooms, adding privacy and appeal for tenants. The property harmoniously combines historic charm with modern comforts, making it an irresistible option in a highly desirable rental market. There's ample parking, a rare convenience for downtown properties, which enhances tenant satisfaction and retention. With the strong demand for quality rentals in Downtown Frederick and the potential for rent appreciation, this property offers a valuable opportunity for investors. Don't miss the chance to own a cornerstone asset in one of Maryland's most dynamic rental markets. Contact us today for a private showing and take the next step in elevating your investment portfolio with this exceptional Downtown Frederick property.
MDFR2057290
MLSⓇ ID
December 7, 2024
Listed
December 10, 2024
Updated
Map
606 E Patrick St
Frederick MD, 21701
Interior Features
Total Stories
3
Bedrooms
7
Interior Features
Carpet, Ceramic Tile
Appliances
Refrigerator, Microwave, Electric Water Heater
Floor Description
Carpet, Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s), Ceiling Fan(s)
Heating
Yes
Exterior/Building Features
Lot Size
1.01 Acres
Architectual Style
Colonial, Victorian
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
FREDERICK COUNTY PUBLIC SCHOOLS
Other Property Details
Area Name
Frederick City
Taxes
$11,394
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Asphalt, Off Street
Parking Total
25
View
Yes
View Description
City, Street
County
FREDERICK
Water Source
Public
Pool
No
Zoning
Land Use is Commercial | Site Influence is Motel / Hotel | Zoning DR (Downtown Residential)
Listing History
Date | Event | Price |
---|---|---|
12/7/2024 | Active | — |
Listed by Coldwell Banker Realty
Listing Contact: 3017484675
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/10/2024 at 9:40 PM UTC