Frederick, MD 21701 108 W Fourth Street

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, which is hard to find in Downtown Frederick. 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. Three units need some cosmetic work ( flooring, elbow grease ) and are rentable as-is. Apartment #3 housed a hoarder and needs more work. 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. Please be warned... Unit #3 housed a hoarder and has a terrible smell-