100 Fourththru 102 Street

FREDERICK, MD 21701

  • 5,002 Sqft
  • 5002
    Sqft(Lot)
$199,900

Description

Investor alert - unimproved lot with downtown residential zoning in the city of frederick. property is currently being used as a parking lot with 17 parking spaces. conservative pro-forma noi is $11+k which yields a cap rate exceeding 5.5% cap rate if self managed.

property could be developed for residential use. located in the historic preservation district which is red hot - easy walk to a wide variety of restaurants, boutique shops, breweries and visual & performing art centers. baker park and the talley recreational center are each 1/4 mile away; hood college and the frederick memorial hospital are less than 1/2 mile away.

seller has applied to the city of frederick to register the parking lot as a legal non-conforming use in the downtown residential zone

  • Property Type

    Land

  • County

    FREDERICK

  • Style

    Land

  • AD ID

    47605568

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Property Details

  • Water/Sewer

    • Water Source : None

  • Utility Features

    • Sewer: Public Sewer

  • Lot Information

    • Lot Size: 5,002
    • Lot Size (Acres): 0.11
    • Main Square Feet: 5,002

    Property Information

    • Total Lot SQ ft: 5,002
    • Total Acreage: 0.11

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 1

  • Tax Information

    • Annual Tax: $3,934
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $212,633

  • Homeowners Association Information

    • Direction: From North Market Street, turn left onto West 4th Street. Proceed 350' to intersection with Klineharts Alley. The Property is located on left side of W. 4th Street at the intersection with Klineharts Alley

  • School Information

    • School District: FREDERICK COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: None
    • Sewer: Public Sewer

    Location Information

    • Direction: From North Market Street, turn left onto West 4th Street. Proceed 350' to intersection with Klineharts Alley. The Property is located on left side of W. 4th Street at the intersection with Klineharts Alley
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BuyOwner last updated this listing 11/14/2024 @ 19:36

  • MLS: MDFR2056530
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Land, with 0 bedrooms which is for sale, it has 5,002 sqft, 5,002 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of FREDERICK , in zip code 21701, this FREDERICK County Land are nearby neighborhoods.