501 W Main St, Emmitsburg, MD 21727

$600,000

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List Price
$600,000
Days on Market
48
Status
ACTIVE
MLS#
MDFR2083700
Lot Size (Acres)
0.23
Year Built
1963
County
Frederick
School District
Frederick County Public Schools

Property Description

This commercial property, strategically located in the vibrant Downtown area, presents a compelling investment opportunity. Constructed in 1963 with durable materials such as brick, and stucco, the apartments (6) features a mix of laminate plank, partially carpeted, and vinyl flooring. Several units have been updated with new flooring, kitchen upgrades.The average condition of the property allows for customization to meet specific tenant needs, further enhancing its attractiveness to prospective renters. Parking options include on-street, multiple private garage, and a dedicated parking lot, addressing the essential requirement for accessibility in a bustling urban environment. With owner responsibilities covering common area maintenance, utilities, and repairs, this property offers a streamlined management experience. Investors can anticipate significant returns as the area continues to develop, making this an ideal addition to any portfolio.

Additional Information

Taxes
$6427
Stories
2
School District
Frederick County Public Schools
Flooring
Laminate Plank, Partially Carpeted, Vinyl
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Roof
Asphalt
Utilities
Cable TV Available, Electric Available, Propane, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Results. Contact: (301) 698-5005