142 Patrick Street
Frederick, MD 21701
MLS #FR10010020

    Est. P&I payment: $3780.75/mo
    Description for 142 Patrick Street, Frederick, MD 21701
    PRICE IMPROVEMENT! Fabulous location near courthouse, Weinberg, Carroll Creek! Property consists of 4 2BR apts. fully rented, plus first floor flex space - could be divided for two or more residences or businesses. First floor now used by owner so non-income generating to date. Fully renovated office space leaving original charm. PRICE INCLUSIVE OF 142 & 144 W. PATRICK + 4 PARKING SPACES
    MLS #FR10010020
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    My Notes for MLS #FR10010020

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office,​Office Building,​Flex Space,​Retail
    • Comm Industrial Misc: Kitchenette,​Meeting Rooms,​Reception Area
    • Zoning Code: DB

    Exterior Features

    • Exterior: Brick
    • Stories: 4
    • Lot Area Acre: 0.099977
    • Lot Size Area: 4,355
    • Water Front: N
    • Parking Included In List Price: Y
    • Parking: Assigned,​Street,​PublPark
    • Assigned Parking Spaces: 4

    Interior Features

    • Gross SQFT: 7,136
    • Net SQFT: 7,136
    • Floor: Wood

    Utilities Features

    • Cooling Fuel: Electric
    • Cooling: Ceiling Fan(s),​Zoned,​Wall Unit
    • Heating Fuel: Electric,​Natural Gas
    • Heating: Radiator,​Wall Unit
    • Hot Water: Natural Gas
    • Metering: Electricity is sep
    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 139
    • Total Taxes: 9,760.97
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 4,006.06
    • City Town Tax Payment Freq: Annually
    • County Tax: 5,754.91
    • County Tax Payment Freq: Annually
    • Tax Year: 2016
    • Improvement Assessment Amount: 367,600
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 208,800
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 576,400
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2017
    • Gross Income: 50,400
    • Monthly Gross Rent: 4,200
    • Owner Pays: Taxes-Real Estate,​Utilities,​Property Insurance
    • Expenses: 18,070
    • Rent Special Terms: Check disclosures for apartment rental info. First floor used by owner presently so income generation will rise substantially with tenants.

    Community Features

    • City: 10000061077
    • County: Frederick
    • HOA: N
    • Vacation Home: N
    • Advertised Subdivision: COURTHOUSE PROXIMITY

    Misc Features

    • Property Condition: Shows Well
    • Year Built: 1840
    • Tenancy: Lease terms Mixed
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Present Use: Multi Residential,​Office


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    Last Updated 01/21/2018 at 5:09pm
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