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246 E 6TH Street

FREDERICK, MD 21701
  • $470,000
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: MDFR2022048
UPDATED: 67 min ago
$470,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Description

**Investor Alert**The lease for the downstairs covers the mortgage, making this space affordable.+- Eventually, someone could make a single family residence if they preferred.This is probably one of the larger green spaces and depending on how you arrange parking, you could have more.+- For the native gardener, there are a plethora of native species throughout the property.+- For an urban setting, we have great "wildlife."Currently, the house is heated from the mini-splits/electric also.+- The oil furnace (with a 1/2 tank of oil) and radiators are still available, but are not installed.There is a timed parking lot light and electric plugs (30amp+-and 110v plugs) available at the back of the lot.Sixth Street has become a very nice street with great neighbors. It has had a lot of improvement over the past 5+ years and we have many new families living here now.The historic house and the functioning windows.+- For those that like the historic charm we have kept the historic charm, but have made many modern improvements.+- We totally utilize the functioning windows to circulate air through our apartment.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-19T10:01:54.437.
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246 E 6TH Street FREDERICK, MD 21701

  • Price: $470,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 67 min ago
  • ID#: MDFR2022048
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1910
Built
County:
Frederick
School District:
Frederick County Public Schools
Property Description
**Investor Alert**The lease for the downstairs covers the mortgage, making this space affordable.+- Eventually, someone could make a single family residence if they preferred.This is probably one of the larger green spaces and depending on how you arrange parking, you could have more.+- For the native gardener, there are a plethora of native species throughout the property.+- For an urban setting, we have great "wildlife."Currently, the house is heated from the mini-splits/electric also.+- The oil furnace (with a 1/2 tank of oil) and radiators are still available, but are not installed.There is a timed parking lot light and electric plugs (30amp+-and 110v plugs) available at the back of the lot.Sixth Street has become a very nice street with great neighbors. It has had a lot of improvement over the past 5+ years and we have many new families living here now.The historic house and the functioning windows.+- For those that like the historic charm we have kept the historic charm, but have made many modern improvements.+- We totally utilize the functioning windows to circulate air through our apartment.
Exterior Features

Construction Materials Wood SidingAluminum Siding Garage YN No Other Equipment None Parking Types Driveway Property Condition Very Good Riparian Rights YN No Roof Other Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1888.00 Cooling Ductless/Mini-Split Flooring Wood Heating Heat Pump - Electric Backup Heating YN Yes Inclusions Window Restoration On Most Windows (Completed 2021) - $36Kreplace Oil Furnace & Heat Pump With Mini-Splits - $20Kreplaced Hot Water Heater W/ Large Efficient Model - $2.5Kupdate Electric For Stove & Washer/Dryer (Upstairs Apt) - $1.5Knew Washer/DryerStove And Refrigerator+É-Á(Upstairs Apt) - $2Krepoint Front Bricks - $2.1Krepair Front Door And Add Commercial Grade Storm Door (Downstairs) - $4Kbuilding Electric Surge Protector30amp+É-Áplug At Parking Lot2 - Breaker Boxes (DownstairsEach Wall On Net Square Feet 1472.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2022 Business Type Hair Salon And SpaApartment Building Central Air YN No Cooling Fuel Electric Cross Street East Street/Market Street Entry Level 2 Green Energy Efficient HvacExposure/ShadeAppliancesLighting Green Remarks Efficiency - We Have Spent Money To Make The Place As Efficient As Possible (For A Historic House).+É-Á NamelyThe Mini-Splits Replacing The Oil Furnace And Out-Dated Heat Pump (2019).+É-Á PlusThe Hot Water Heater is 80 Gal (I Am Pretty Sure - its More Than 50Gal)But it is A Double WalledNon-Corrosive Hot Water Heater That is Super Efficient (Replaced 2022).+É-Á The HeaterCoupled With A Recirculating PumpIs More Than Sufficient To Handle The Demands The Salon And The Residence.+É-Á No One L Gross Income 24000.00 Heating Fuel Other Historic YN Yes Hot Water Electric Municipality Frederick City Navigable Water YN N Net Operating Income 18000.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 801695130152 Ownership Interest Fee Simple Possession 31-60 Days Cd Property Sub Type Land For Commercial Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4619.00 Tax Assessment Amount 275100.00 Tax Lot 1 Total Actual Rent 24000.00 Vacation Rental YN No Water Source Public Zoning Db Zoning Description The Db Zoning is A Huge Plus For Any investor

Listing courtesy of Frederick Commercial Real Estate, Llc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-19T10:01:54.437.
 
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