401 W Potomac St, Brunswick, MD 21716

$359,900
2,118
SqFt

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List Price
$359,900
Price Change
▼ $15,100 1788710162
Days on Market
20
Status
ACTIVE
MLS#
MDFR2086744
Living Area
2,118
Lot Size (Acres)
0.14
Style
Craftsman
Year Built
1925
County
Frederick
School District
Frederick County Public Schools

Property Description

NEW PRICE—NOW OFFERED AT $359,900! An outstanding house-hacking and investment opportunity featuring two spacious 2-bedroom, 1-bath units with separate utilities paid entirely by the tenants—the ideal setup for minimizing landlord expenses and maximizing cash flow. Unit 1 is currently vacant and available for an owner-occupant to move into while collecting over $1,500 per month from Unit 2. The occupied unit has had the same tenant for approximately nine years, providing exceptional rental stability, with the current lease running through January 31, 2027. When fully occupied, the property generates over $3,100 per month in projected gross rental income. Each unit includes in-unit laundry, and the property has been renovated, maintained and professionally managed as an income-producing rental. Unit 1 has experienced only approximately three months of total vacancy over the past five years, demonstrating strong and consistent rental demand. The property also includes a large detached two-car garage offering excellent storage or workshop potential, along with a generous yard that adds appeal for both tenants and owner-occupants. Located just minutes from the Brunswick MARC station, the property offers convenient commuter access to Washington, D.C., and is close to restaurants, shopping, parks, the C&O Canal, the Potomac River and historic Harpers Ferry. Live in one unit while the other helps pay the mortgage, or lease both units and take advantage of a highly efficient investment structure with separate, tenant-paid utilities.

Additional Information

Taxes
$4165
School District
Frederick County Public Schools
Garage
Yes
Garage Spaces
2
Heating
Radiator
Heating Fuel
Central
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of REMAX Platinum Realty. Contact: