Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Pantry

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2984.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Exhaust Fan, Baseboard, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Brick

  • Parking

    Off Street, Detached

  • Patio and Porch Features

    Deck

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.33

  • Lot Size(square feet)

    14300.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $575,000

  • Tax Amount

    $5,461

  • Sq. Footage

    2, 984

  • Price/SqFt

    $192

HOA

  • Association

    No

School District

  • Elementary School

    PARKWAY

  • Middle School

    WEST FREDERICK

  • High School

    FREDERICK

Property Features

  • Foundation Details

    Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

FREDERICK

Elementary School

PARKWAY

Middle School

WEST FREDERICK

High School

FREDERICK

Listing Courtesy of Chris R Reeder , Long & Foster Real Estate, Inc.

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Agent Jennifer Beall

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ATTENTION INVESTORS: What a great opportunity to own two units with lots of garage, carport and driveway parking spaces for additional rental income!  The main floor unit is 1936 SF and has 3 bedrooms and 2 bathrooms and is all on one floor.  The upper unit is 1,034 SF and has 2 bedrooms and 1 bath with a walk-up attic that could be renovated into a third living space.  Both units have full kitchens and laundry areas.  There is a one-car garage that is 23' x 23' with a huge workshop area and the second was converted to a man-cave/she-shed with loft but could easily be converted back into a 2-car garage.  A carport and large, private driveway in addition make room for at least 20 cars.  There is yard space behind the carport/garage for even more parking.  Speaking of the yard, this home is situated on a.33 acres.  You’ll forget you’re in the city with all this space,  Where else will you get a yard like this and parking for 20+ cars in downtown Frederick?    Walk to restaurants, shopping, catch the MARC train.  Enjoy life here! Better get here quick before another savvy investors scoops it up!

421 W SOUTH STREET

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Welcome to 232 E 2nd Street, located in the beautiful Historic District of downtown Frederick—just minutes from local shops, restaurants, and parks.

This four-level brick rowhome is currently configured as a four-unit multifamily property.  All of the units are currently vacant.  The additional units include:

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Featuring a beautiful yard and classic historic charm, this property is a golden opportunity for a savvy investor or a buyer looking for a fixer-upper with immense potential. With a little imagination and innovation, you can maximize the possibilities of this unique home.

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With consistently strong rental demand and a track record of near 100% occupancy, this is the type of asset investors seek but rarely find. Three of the four tenants have been in place for many years, providing immediate stability and dependable cash flow.

The property has been well cared for over the years, resulting in very little to no annual maintenance expense, making it an ideal low-hassle addition to any portfolio. Whether you’re expanding an existing portfolio or acquiring your first multifamily in a prime market, this Dill Ave property delivers location, longevity, and performance.

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