5809 Mercantile Drive, FREDERICK, Maryland image 1

Active

MLS: #MDFR2089250, Listed By: Solomon Zaldivar, Compass, Source:Bright MLS

5809 Mercantile Drive

FREDERICK, MD 21703

$410,000 $1,728/Mo

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Overview

Bed

Bath

1,970

Sqft

0.04

Acre(Lot)

Description

This well-maintained interior row townhouse, built in 2005, presents an exceptional investment opportunity for savvy investors looking to expand their portfolio. With a strategic location and solid construction, this property is poised for strong rental demand and potential appreciation. This property minimizes immediate maintenance concerns and appeals to a wide range of tenants. - Interior Row/Townhouse - This design maximizes space efficiency and offers a cozy, community-oriented living experience. - This unique layout provides a blank canvas for creative renovations or conversions, allowing investors to tailor the space to meet market demands. The property's location in an established neighborhood ensures a steady stream of potential tenants. With the right enhancements, you can signif icantly increase rental rates and overall property value. - While there are no specific association amenities listed, the absence of high fees allows for greater cash flow and flexibility in managing expenses. The real estate market in this area has shown consistent growth, making this property a strategic addition to any investment portfolio. The demand for rental properties continues to rise, driven by urban professionals and those seeking affordable housing options. This townhouse's potential for conversion and renovation opens the door to various income-generating strategies. Why Invest Here? Strong Rental The property's location and design cater to a diverse tenant base, ensuring low vacancy rates The layout allows for creative investment strategies, whether you choose to renovate for higher-end rentals or maintain a more budget-friendly option. This townhouse is not just a property; it's a strategic investment opportunity waiting for the right vision.

Property Details

Property Type : Residential

Price : $410,000

AD Id : 91213175

MLS Id : MDFR2089250

Beds : 3

Lot Size : 0.04 Acre

Living Area Size : 1,970 Sq. Ft

Tax Amount : $3,892

Year Built : 2005

Garage : 1

County : FREDERICK

Subdivision: Hannover

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 4 Full Baths: 2 Half Baths: 2
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Central Air, Electric

Building Information

Year Built: 2005 Building Area Total: 1970 Construction Materials: Brick Veneer Pool Features: None Private Pool: No Association Fee Frequency: Monthly

Lot Information

Lot Size Acres: 0.04 Lot Size Source: Estimated Lot Size Square Feet: 1660

Property Information

Subdivision: HANNOVER Source Property Type: Residential Postal Code Plus 4: 1821 Property SubType: Townhouse Levels: Three Or More Property Age: 21

Listing Price Information

Listing Price: $410000

Tax Information

Parcel Number: 1123455552 Tax Year: 2026 Annual Tax: $3892

Parking Information

Parking Total: 1 Garage, Attached

Garage Information

Has Garage: Yes Has Attached Garage: Yes Garage Space: 1

Homeowners Association Information
Has Association: Yes HOA: $80.00

Location Information

Direction: use gps WaterSource: Public

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Nearby Home Value

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HOMESITE 27 Siri Court, Frederick, MD, 21703	$489,175	3	3	1,916	0.04 Acre
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