Property

Frederick, MD 21701 108 W Fourth Street

$499,000

Pending
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Presented By: Samson Properties
  • MLS# MDFR2062020
  • 04/11/2025
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Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
  • Beds • 2

Home Details

INVESTOR ALERT! SOLD AS-IS This 4-UNIT APARTMENT BUILDING NEEDS WORK, but is located in the heart of Downtown Frederick and includes SIX OFF STREET PARKING SPACES and a large, fenced back yard. Each apartment is individually metered in this all electric property, with tenants responsible for all utilities except water/sewer. The building offers 2-one bedroom apartments and 2 studio apartments, each featuring their own private entrance. Each apartment housed long term tenants who paid under market rent. 3 units are vacant and 1 lease terminates in June. Seller did not renew leases once she decided to sell building. All units need lots of TLC- some more then others. The building itself also needs work. Current lead certificates are on file for each unit. With fewer than 5 units, financing does not necessitate a commercial loan, however, due to condition of property, a construction loan might be needed.
Presented By: Samson Properties

Interior Features for 108 W Fourth Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementOutside Entrance
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories2

General for 108 W Fourth Street

AccessibilityNone
Architectural StyleColonial
Association Recreation FeeN
CityFREDERICK
Construction MaterialsBrick, Vinyl Siding
Cool FuelElectric
CoolingNone
CountyFREDERICK
DirectionsMarket Street, left onto 4th Street. Property on left
Garage Y/NNo
HeatingBaseboard - Electric
Lot Size Square Feet4959.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-18T11:56:19
MunicipalityFrederick City
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG250.5
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictFREDERICK COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count2
Standard StatusPending
StatusPENDING
Structure TypeEnd of Row/Townhouse
Tax Annual Amount6882.0
Tax Assessed Value423400.0
Tax Year2024
Total SQFT2434
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningDR

Exterior for 108 W Fourth Street

Foundation DetailsStone
InclusionsSOLD AS IS
Land Assessed Value84200.00
Land Use CodeM
Lot Size Acres0.11
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOff Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Jhony Leyva

Realtor
Price $499,000
MLS#MDFR2062020
List Date 04/11/2025
Property Type Pending
Phone 571.247.7543
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Email

homes@jhonyleyva.com

Phone

571.247.7543

Office

1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401

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