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

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