Bought with Thomas Campbell • Charis Realty Group
$770,000
$850,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
241 E 2ND ST Frederick, MD 21701
7,560 Sqft Lot
Key Details
Sold Price $770,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDFR2079632
Sold Date 07/10/26
Year Built 1900
Annual Tax Amount $12,800
Tax Year 2025
Lot Size 7,560 Sqft
Acres 0.17
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Exceptional investment opportunity in the heart of Downtown Frederick! Perfectly positioned near Eveready Square and just a short walk to vibrant Market Street, this well-maintained 6-unit apartment building offers both convenience and strong income potential.
The property features a desirable unit mix, including three 1-bedroom/1-bath apartments, two spacious 2-bedroom/1-bath units, and one studio apartment—appealing to a wide range of tenants. Each unit offers updated bathrooms, generously sized kitchens, and new electric baseboard heating for efficient comfort.
Tenants enjoy a private parking lot—a rare find in downtown—as well as outdoor seating areas that enhance the property's charm and livability. With its prime location, modern updates, and steady rental income, this is a turnkey addition to any investor's portfolio.
Don't miss your chance to own a high-demand, income-producing asset in one of Frederick's most sought-after areas!
Legal address is 241-243 E 2nd street
Location
State MD
County Frederick
Zoning DB
Interior
Hot Water Natural Gas
Heating Steam
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 7.0
Water Access N
Accessibility None
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 1102055112
Ownership Fee Simple
Special Listing Condition Standard
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