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402 E MAIN ST Thurmont, MD 21788
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Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $134
MLS Listing ID MDFR2046566
Sold Date 05/10/24
Style Bi-level
Abv Grd Liv Area 2,760
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $3,430
Tax Year 2023
Lot Size 0.900 Acres
Acres 0.9
Property Description
RARE OPPORTUNITY to own a 2-unit investment property with additional garage space rental income.
Both units are 2-bedroom 1 bath. Several ways to look at this property. Rent the 2 units for full investment income or live in one unit and rent the other unit to keep cost of living down. Property in excellent structural condition with a new roof. Plenty of off-street parking and 5 garages convey along with a nice green space rear yard. Property can also have a commercial value for professional office space on the first floor with residential rental on the second floor. Purchaser to verify with Town of Thurmont. Convenient to schools, parks, restaurants, and stores. Both units are vacant and can be viewed without interruption. Passive income properties are hard to find in today's world. Hurry to make this one yours.
Location
State MD
County Frederick
Zoning R2
Interior
Hot Water Oil
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Garage Garage - Front Entry
Garage Spaces 5.0
Waterfront N
Water Access N
Accessibility None
Parking Type Detached Garage, Driveway
Total Parking Spaces 5
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Bi-level
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Thurmont
Middle Schools Thurmont
High Schools Catoctin
School District Frederick County Public Schools
Others
Tax ID 1115318686
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Scott E Clabaugh • Real Estate Teams, LLC