154/156 W All Saints Street, Frederick, MD 21702

Real Estate Teams, LLC

 

Updated And Renovated Turn Key 4 Unit Apartment Building Fully Leased, Total Electric, And Individually Metered. Tenants Pay All Utilities With The Exception Of Water/Sewer Paid By Owner Which Averages $250.00 Paid Quarterly. Building Consists Of 2 One Bedroom Apartments On The First Floor And 2 One Bedroom Apartments On The Second Floor. All Apartments Have Front And Rear Shaded Porches. Basement Is Dry And Unfinished With Interior Access. Multiple Hot Water Heaters One For Each Apartment And 4 Window Units One For Each Apartment As Well. Current & Updated MD Lead Certificates On File AS Well AS Tenant Leases. Low Maintenance Block Construction With Walk Up Attic For Additional Storage If Needed. Tenants Can Obtain A Resident Parking Permit $50.00 Annually Which Permits Them To Park On The Street Free Of Charge With The Exception Of Trash Collection Which Is One Day Per Week Midnight To 7 AM. Small ‘ Pony Way ‘ And Or Alley On The East Exposure Accesses The Rear Of The Bldg. And Fenced Rear Yard. Total Annual Income Is $48,000.00 And Expenses Which Include Taxes, Insurance, Water/Sewer Are Approximately $7958.00 Which Provides A Net Operating Income Of Approximately $40,042.00. Convenient Walk To MARC Rail Station, Carroll Creek Promenade, Restaurants, Galleries, & Shopping. The Bldg. Is Well Maintained And Managed By Current Owner.

 

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  • Address: 154 West All Saints Street, Frederick, Maryland 
  • Price: $489,000