606 E Patrick Street
Frederick, MD 21701
- – beds
- – baths
- 9,175 sqft
- ~1 acre lot
- $163 per sqft
- 1913 build
This is a prime investment opportunity in the heart of vibrant Downtown Frederick. This exceptional 18-unit multi-family property promises steady income and potential growth, surrounded by Frederick’s bustling attractions, cultural hotspots, and top-tier amenities. Nestled in Downtown Frederick, it’s just steps away from award-winning dining, artisanal shops, and the iconic Market Street. Residents are minutes from Baker Park’s scenic trails, the lively Carroll Creek Promenade, theaters, galleries, and endless entertainment options. Plus, with easy access to major highways and a walk to the MARC train, tenants enjoy seamless commutes to DC, Baltimore, and beyond. Each unit offers a unique layout, with a mix of studio, and one-bedroom, options even featuring private kitchens and bathrooms, adding privacy and appeal for tenants. The property harmoniously combines historic charm with modern comforts, making it an irresistible option in a highly desirable rental market. There’s ample parking, a rare convenience for downtown properties, which enhances tenant satisfaction and retention. With the strong demand for quality rentals in Downtown Frederick and the potential for rent appreciation, this property offers a valuable opportunity for investors. Don’t miss the chance to own a cornerstone asset in one of Maryland’s most dynamic rental markets. Contact us today for a private showing and take the next step in elevating your investment portfolio with this exceptional Downtown Frederick property.
Listing courtesy of BRIGHT / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Dec 14, 2024
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MLS# MDFR2057290 —
The Building
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Year Built:1913
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Year Built Source:Estimated
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Roof:Asphalt
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New Construction:No
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Construction Materials:Other
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Building Levels:3
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Building Units Total:2
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Structure Type:Detached
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Historic:No
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Architectural Style:Colonial, Victorian
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Security Features:Main Entrance Lock, Smoke Detector, Exterior Cameras, Surveillance Sys
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Accessibility Features:None
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Foundation Details:Permanent
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Basement:Yes
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Basement Type:Connecting Stairway, Improved, Interior Access
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Carpet, Ceiling Fan(s), Store/Office, Additional Stairway, Double/Dual Staircase, Efficiency, Entry Level Bedroom, Studio
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Room Count:18
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Flooring Type:Carpet, Ceramic Tile
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:9175
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Living Area SqFt:9,175 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Private, Seller Financing
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Possession:Settlement
Location
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Directions:Across from the Fair Grounds
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Latitude:39.41110000
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Longitude:-77.39682000
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Lot Size Units:Square Feet
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Lot Size Acres:1.01
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Lot Size Source:Estimated
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Lot Features:Front Yard, Level, Rear Yard
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Lot SqFt:43,996 Sqft
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Inclusions:Furniture, TV's
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Exclusions:RV's onsite
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Zoning:DR
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Zoning Description:Land Use is Commercial | Site Influence is Motel / Hotel | Zoning DR (Downtown Residential)
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Road Surface Type:Black Top, Paved
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Road Responsibility:Private
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View:City, Street
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In City Limits:Yes
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:003
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (301) 748-4675
- Office phone:
- (301) 983-0202
Taxes
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Tax ID Number:1102064804
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Tax Year:2018
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Tax Annual Amount:$11,394
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Tax Assessed Value:$642,400
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Year Assessed:2019
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County Tax:6724.00
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City/Town Tax:4670.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Window Unit(s), Other
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Other
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Heating Fuel:Other
Utilities
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Utilities:Cable TV, Electric Available
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
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Internet Services:Cable
Appliances
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Appliances:Microwave, Refrigerator
Schools
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School District Name:Frederick County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Downtown Frederick
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Exterior Features:Gutter System, Outbuilding(s), Play Area, Sidewalks, Street Lights
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Pool:No Pool
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Municipal Trash:No
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
Parking
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Total Garage and Parking Spaces:25
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Garage:No
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Type of Parking:Driveway, Off Street
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Parking Features:Asphalt Driveway, Paved Driveway, Private
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Off Street - # of Spaces:25
Extra Units
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Vacation Rental:No
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Units Furnished:All
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Single Room Units:12
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One Bedroom Units:5
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/6/24
Dec 6, 2024
|
Listed / Active | BRIGHT | $1,500,000 |