200 Fifth Street, Frederick, MD 21701

$760,000
3,206
SqFt

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Sold Price
$760,000
List Price
$800,000
Closing Date
Jan 27, 2025
Days on Market
55
Status
CLOSED
MLS#
MDFR2056148
Living Area
3,206
Lot Size (Acres)
0.07
Style
Dwelling with Rental
Year Built
1900
County
Frederick
School District
Frederick County Public Schools

Property Description

OWNER OCCUPIED INVESTMENT ALERT!!!! Live in 1 unit while renting out the other 2 units and build equity while other people pay a majority of your mortgage payment. Lender offering loan with only 3.5% down with Interest rates between 5.5%-6.5% depending on credit score and debt to income ratio for owner occupants. This loan product is not specific to this property and it is not Seller Financing. Own a piece of Frederick History with this iconic building but with all the LUXURY of today! This 3 unit apartment building has been fully renovated with stainless steel appliances, granite countertops, stunning walk in showers w/ modern tile work and beautiful baths . Original hardwood flooring throughout all the units with some rooms offering newer wood floors. Each unit has it's own washer and dryer. Unit A is located on the main floor with it's own private entrance. It offer's 3 bedrooms and 2 Full baths with access to a private fenced in courtyard. Unit B and C are located upstairs and have a separate entrance on the right hand side of the building. Unit B is a 1 bedroom, 1 bath unit. It offers exposed brick in the living/ kitchen area and has that uptown New York Vibe. Unit C is a 2 bedroom, 1 bath unit with a private balcony. Each unit has its own electric meter. Plenty of parking. There are 2 spaces in the driveway and 5 public street parking spaces between the front and side of the building. All 3 A/C units are newer. Located only 2 blocks away from Baker Park, 2 blocks away from Hood College and 2 blocks away from Historic Market St. Downtown Frederick. Walk to all the best restaurants, breweries, coffee shops, art galleries, Weinberg Center of the Arts and shops.

Additional Information

Taxes
$13548
Interior Features
Additional Stairway, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Wood Floors
School District
Frederick County Public Schools
Exterior Features
Sidewalks, Street Lights
Heating
Central, Heat Pump(s)
Heating Fuel
Natural Gas
Cooling
Central A/C
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Real Estate Teams, LLC. Contact:

Selling Office: .