5809 MERCANTILE DR W Frederick, MD 21703
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Rent
Square Footage 1,970 sqft
Subdivision Hannover
MLS Listing ID MDFR2091038
Style Traditional
Bedrooms 3
Full Baths 2
Half Baths 2
HOA Fees $80/mo
HOA Y/N Y
Abv Grd Liv Area 1,970
Year Built 2005
Lot Size 1,660 Sqft
Acres 0.04
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property 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 significantly 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.
Location
State MD
County Frederick
Zoning R
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 1.0
Water Access N
Accessibility 2+ Access Exits
Attached Garage 1
Total Parking Spaces 1
Garage Y
Private Pool No
Building
Story 3
Foundation Slab
Above Ground Finished SqFt 1970
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3
Additional Building Above Grade
New Construction N
Schools
School District Frederick County Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 1123455552
Ownership Other
SqFt Source 1970
Pets Allowed Case by Case Basis, Cats OK, Dogs OK
NEARBY SCHOOL & BUSINESS