312-314 W South St | Frederick, MD 21701
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- LoopNet Team
312-314 W South St
Frederick, MD 21701
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 312 ½ & 314 W South Street presents a five-unit apartment building with updated appliances, modern finishes, and hardwood floors throughout.
- 2025's gross cashflow is projected to be $74,760 and taxes of $8,617 (combined) annually.
- In the heart of Downtown Frederick, Maryland, part of the Carrollton neighborhood with a large sense of a close-knit community.
- Electric and gas utilities are separately metered, paid by tenants and the landlord currently pays the water bill.
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 2,830 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1860 |
| Zoning | DR - Downtown Residential | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,830 SF |
| No. Stories | 2 |
| Year Built | 1860 |
| Zoning | DR - Downtown Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $252,900 | |
| Land Assessment | $250,300 | Total Assessment | $503,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$250,300
Improvements Assessment
$252,900
Total Assessment
$503,200
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