200 West 5th Street

Frederick, MD 21701

$800,000
Price
Beds
3,206 Sq. Ft.
$250 / Sq. Ft.
3,206
Sq. Ft.
$250
per Sq. Ft.

Description

Owner occupied investment alert! Live in 1 unit while renting out the other 2 units and build equity while other people pay a majority of your mortgage payment. Lender offering loan with only 3.5% down with Interest rates between 5.5%-6.5% depending on credit score and debt to income ratio for owner occupants. This loan product is not specific to this property and it is not Seller Financing. Own a piece of Frederick History with this iconic building but with all the LUXURY of today! This 3 unit apartment...Owner occupied investment alert! Live in 1 unit while renting out the other 2 units and build equity while other people pay a majority of your mortgage payment. Lender offering loan with only 3.5% down with Interest rates between 5.5%-6.5% depending on credit score and debt to income ratio for owner occupants. This loan product is not specific to this property and it is not Seller Financing. Own a piece of Frederick History with this iconic building but with all the LUXURY of today! This 3 unit apartment building has been fully renovated with stainless steel appliances, granite countertops, stunning walk in showers w/ modern tile work and beautiful baths . Original hardwood flooring throughout all the units with some rooms offering newer wood floors. Each unit has it's own washer and dryer. Unit A is located on the main floor with it's own private entrance. It offer's 3 bedrooms and 2 Full baths with access to a private fenced in courtyard. Unit B and C are located upstairs and have a separate entrance on the right hand side of the building. Unit B is a 1 bedroom, 1 bath unit. It offers exposed brick in the living/ kitchen area and has that uptown New York Vibe. Unit C is a 2 bedroom, 1 bath unit with a private balcony. Each unit has its own electric meter. Plenty of parking. There are 2 spaces in the driveway and 5 public street parking spaces between the front and side of the building. All 3 A/C units are newer. Located only 2 blocks away from Baker Park, 2 blocks away from Hood College and 2 blocks away from Historic Market St. Downtown Frederick. Walk to all the best restaurants, breweries, coffee shops, art galleries, Weinberg Center of the Arts and shops.
  1. Listed by Jennifer J Koselak • Real Estate Teams, LLC
    P: (301)-620-1222 jkoselak@verizon.net

Property Details for 200 West 5th Street

Tax ID Number
1102037033
Ownership
Fee Simple
Structure Type
Detached
Style
Dwelling with Rental
Waterfront
No
Garage
No
Municipality
Frederick City
Total Parking Spaces
2
LISTING UPDATED: 12/13/2024 11:24 AM

Property Details for 200 West 5th Street

StatusActive
MLS #MDFR2056148
Days on Market47
Taxes$13,548 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.07 AC / 3,233 SF
CountyFrederick County, MD

Building Information for 200 West 5th Street

Stories-Residences3Year Built1900Building Size-Lot Size0.07 AC / 3,233 SF

Property Information for 200 West 5th Street

Location
Location
  • In City Limits: Yes
  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139693024
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICK
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $732,233
  • Year Assessed: 2024
  • County Tax: $8,199
  • Improvement Assessed Value: $418,300
  • City Town Tax: $5,348
  • Land Assessed Value: $123,000
  • Clean Green Assessed: No
  • Land Use Code: R
  • Historic: No
  • Zoning: R12
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 3
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Units Furnished: None
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 1
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance
Financial Information
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,206.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 11499154
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 2
  • Parking Features: Concrete Driveway
Interior Features
Interior Features
  • Interior Features: Additional Stairway, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Combination Dining/Living, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Frederick County Association of REALTORS
  • List Agent URL: jennifersellsmaryland.com

Property History for 200 West 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 200 West 5th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$11,711 ($976 / month)
Home Facts
Beds0Total Finished SqFt3,206 SqFtAbove Grade Finished SqFt3,206 SqFtStories2Lot Size3,233 SqFtStyleSingle Family ResidenceYear Built1900ZoningR12CountyFREDERICKAPN02-037033

Schools near 200 West 5th Street

This home is within Frederick County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 8
Rating
School
Distance
Parkway Elementary School
PublicPK to 5

West Frederick Middle School
Public6 to 8

Frederick High School
Public9 to 12

Monocacy Valley Montessori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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200 West 5th Street is a multi-family home for sale in Frederick, MD 21701. This property was listed for sale on November 1, 2024 by Real Estate Teams, LLC, it's currently listed at $800,000. It has been on the market for a total of 47 days and was last sold on February 27, 2020. This listing's school district is Frederick County Public Schools. Nearby schools include Parkway Elementary School, West Frederick Middle School and Frederick High School. 200 West 5th Street is a 0-bed, 0-bath, 3,206 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate Teams, LLC

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/13/2024 11:24 AM