918 Motter Avenue, Frederick, MD 21701

$576,000
3
BD
2
BA
1,512
SqFt

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Sold Price
$576,000
List Price
$560,000
Closing Date
May 28, 2024
Days on Market
4
Status
CLOSED
MLS#
MDFR2047546
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,512
Lot Size (Acres)
0.15
Style
Bungalow
Year Built
1935
County
Frederick
School District
Frederick County Public Schools

Property Description

What a fascinating investment opportunity! This duplex unit has all the hard work done and is truly turn-key. Unit A's main level is graced with a full front and rear porch, hardwood floors in the living room, and dining room, and two generous bedrooms- one with a welcome walk-in closet. A large country kitchen with tons of cabinets and counters, a pantry, and a coffee bar station where you can grab a cup and welcome the morning on the private back porch. Unit A's lower level boasts a family room, bedroom, and a full bath, a huge storage area, and laundry. An exit to the rear of the home is up the Bilco door steps. A nicely landscaped and fenced level lot with a walkway to the parking pad and lofted garage is also fully fenced. Upstairs off its private side porch is Unit B, a charming one-level home with a split bedroom design. The primary bedroom is to your right with lots of cubbies and closet space. The 2nd bedroom is down the hall and shares an updated classic bathroom. The big room can be a celebration-sized dining room, office, or great room. A third room currently a living room would also make a nice study or music room. A modern kitchen gets a lot of light and has everything you need including a stack washer and dryer. Assumable by anyone VA loan with a jaw-dropping 2.25% interest rate or perfect for an FHA or Conventional loan with a built-in mortgage buster of $1350 a month from the current rent payment. Turn key, beautifully updated duplex with a wonderful tenant in place in Unit B on a month-to-month lease who does the yard work and would love to stay! These tenants have been utilizing the 2 car front driveway. For peace of mind: roof and gutters in 2018, Heat pump furnace A/C, and compressors for each unit in 2017. The basement was waterproofed 2017, the Electric heavy up, and the attic insulation in 2019. List of even more improvements in the online disclosures. Grab your Realtor and see this home now! Confirming balance but appox $309K, Mortgage payment $1881.11 a month. Unit A was paying $2300 a month until lease ended January. Unit B currently paying $1350 a month (receives a discounted rental for taking care of landscaping and yard) and would like to stay.

Additional Information

Subdivision
None Available
Taxes
$5000
Interior Features
Entry Level Bedroom, Pantry, Bathroom - Stall Shower, Walk-in Closet(s), Wood Floors
School District
Frederick County Public Schools
Elementary School
North Frederick
Middle School
Governor Thomas Johnson
High School
Governor Thomas Johnson
Fireplaces
1
Fireplace Description
Electric, Free Standing
Garage
Yes
Garage Spaces
1
Heating
Radiator
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Realty Group. Contact:

Selling Office: .