Frederick, MD off market REHAB special - 2 units

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Frederick, MD off market REHAB special - 2 units

Real Estate Investor · Hagerstown, MD · Member since 2013 · 276 posts · 107 votes

2 unit, over-under duplex one block from Market street, just past Court St, direct access down to Carroll Creek linear park and more. Perfect renovation for the visionary!

Upstairs Unit is 793 sq/ft can be turned into a 2 bedroom, 1 bath and we have the plans already prepped!

Downstairs Unit is 2,581 sq/ft and will be a 3 bedroom and 3 bath!

These have highly coveted OFF STREET PARKING, too!

One unit vacant, one rented for $500 per month. Over 3,300 square feet with off street parking close to Court House, Carroll Creek, Dog Park and more. This is true desirable downtown Frederick living.

Scope of work, drawings and plans already prepared. Approximately $120,000 in work needed total. Comps are listed below per unit. MUST sell quick. $175,000 cash. Proof of Funds and earnest money deposit required to take off market.

Comps:

211 Washington St SOLD $252,700

139 West All Saints St SOLD $330,000

135 West All Saints St SOLD $220,000

246 South Carroll St PENDING $259,900

These are single unit comps. This sale includes TWO units for only $175,00 cash! This is not an assignment and we are looking for end buyers. Thanks :)

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  • Madeira Beach, FL · Member since 2015 · 12 posts · 6 votes
    10y

    Hi Mike,

    I know the area very well Lived in the Frederick for over 20 years. 

    Is the rehab for both units of 120K. Or either unit ready to live in?

    Can You share the address? I can have a contractor do a drive By? 

  • Youngstown, OH · Member since 2015 · 6 posts · 1 vote
    10y

    Hi is this still available [email protected]

  • Youngstown, OH · Member since 2015 · 6 posts · 1 vote
    10y

    Hi is this still availbalbe [email protected]

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