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Updated over 9 years ago on . Most recent reply

User Stats

276
Posts
107
Votes
Mike Webb
  • Real Estate Investor
  • Hagerstown, MD
107
Votes |
276
Posts

Frederick, MD off market REHAB special - 2 units

Mike Webb
  • Real Estate Investor
  • Hagerstown, MD
Posted

2 unit, over-under duplex one block from Market street, just past Court St, direct access down to Carroll Creek linear park and more. Perfect renovation for the visionary!

Upstairs Unit is 793 sq/ft can be turned into a 2 bedroom, 1 bath and we have the plans already prepped!

Downstairs Unit is 2,581 sq/ft and will be a 3 bedroom and 3 bath!

These have highly coveted OFF STREET PARKING, too!

One unit vacant, one rented for $500 per month. Over 3,300 square feet with off street parking close to Court House, Carroll Creek, Dog Park and more. This is true desirable downtown Frederick living.

Scope of work, drawings and plans already prepared. Approximately $120,000 in work needed total. Comps are listed below per unit. MUST sell quick. $175,000 cash. Proof of Funds and earnest money deposit required to take off market.

Comps:

211 Washington St SOLD $252,700

139 West All Saints St SOLD $330,000

135 West All Saints St SOLD $220,000

246 South Carroll St PENDING $259,900

These are single unit comps. This sale includes TWO units for only $175,00 cash! This is not an assignment and we are looking for end buyers. Thanks :)

Offering

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