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4 E Main Street Thurmont, MD $ 549,900
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4 E Main Street
$ 549,900
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4 E Main Street

Thurmont, MD, 21788
$ 549,900
Baths0.0 Sq 4,866

Monthly Estimate*

$ 3,655

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Studio

Commercial Property for sale in Thurmont, MD

for $549,900. This 4,866 square foot building was built in 1890 on a lot size of 0.04.

INVESTMENT PROPERTY OPPORTUNITY!!!! This property includes (1) commercial space , (2) one bedroom apartments, (2) two bedroom apartments, and (2) sets of coin operated laundry machines. Wonderful income producing property with many updates and renovations in the last 15 years including rewiring and most recently a facad update with new awnings. Certified lead free in 2006. Commercial space currently leased to an orthodontist and three of the apartments are currently occupied and fourth apartment is being painted and then will be marketed for lease. Municipal parking lot available in the rear of property and situated in a convenient location. All units are separately metered and have their own heat pumps.

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Commercial Active

Price

$ 549,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,218

Style

Professional,Apartment Building

Lot Size

0.04

Year Built

1890

Town/City

Thurmont

County/Region

Frederick

MLS | Web ID

MDFR2044822
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Settlement
Zoning TB
Construction Materials Brick Vinyl Siding
Year Built 1890
Property SubType Five Or More Units
Tax Year 2018
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Thurmont
Business Type Professional Apartment Building
Accessibility None
County FREDERICK
Net Operating Income 46177.07
Operating Expense 14122.23
Insurance Expense 3594.03
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Professional Service
Water Access Y/N N
Status ACTIVE
Directions from U.S 15 take west main st. to east main st. property is on the right
City THURMONT
Buyer Agent Compensation 2
NumberOfUnitsTotal 1
Lot Size Units Square Feet
Lot Size Square Feet 1620.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 6218.0
Electric Expense 1344.48
Property Condition Good
Price Per Sq Ft Total 113.01
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 77
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 1
Total Actual Rent 60900.00
Cap Rate 0.07
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4866.00
Lot Size Acres 0.04
Lot Size Source Estimated
Land Assessed Value 36400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4
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* Excluded Features
List By
J&B Real Estate

Broker

carroll-glass@outlook.com

Email

Affordability Calculator

$4,173
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$518
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2024$549,900 -8.35% Price Down
4/3/2024$600,000 -4.00% Price Down
3/18/2024$625,000 -3.85% Price Down
2/20/2024$650,000 Listed Price

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4 E Main Street, Thurmont, MD, 21788 is a Commercial Property for sale at $549,900 with 4,866 sqft and a lot size of 0.04. 4 E Main Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 21788 which is in Thurmont, MD

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