$1,300,000
$1,200,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
316 UPPER COLLEGE TER Frederick, MD 21701
6,941 SqFt
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,941 sqft
Price per Sqft $187
MLS Listing ID MDFR2050338
Sold Date 01/10/25
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $14,004
Tax Year 2024
Lot Size 0.328 Acres
Acres 0.33
Property Description
Location ... Location ... Location. This four-level, 6 unit all brick apartment building on a 1/3 acre lot, is directly across from Hood College and provides the tenants a short walk to Baker Park. If offers 4 one-bedroom apartments and 2 two-bedroom apartments. Taller ceilings on the main 2 levels. Apartments are light & bright throughout. A three car garage is included and 3 additional parking spaces on site, plus street parking. Guardian Properties has been professionaly managing these apartments the past 9 years. Rental income past 12 months was $100,500. Tenants pay all utilities. 48 hour notice is required for all showings and Listing Agent or Guardian Properties agent must accompany all showings. Floorplans included with photos.
Location
State MD
County Frederick
Zoning R6
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Flooring Wood, Ceramic Tile, Carpet, Laminated, Vinyl
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Asphalt
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Parkway
Middle Schools West Frederick
High Schools Frederick
School District Frederick County Public Schools
Others
Tax ID 1102098881
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tyler Austin Charles • Long & Foster Real Estate, Inc.