5809 Mercantile Dr W, Frederick, MD 21703

$410,000
3
BD
4
BA
1,970
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$410,000
Days on Market
0
Status
ACTIVE
MLS#
MDFR2089250
Bedrooms
3
Bathrooms
4
Full Baths
2
Half Baths
2
Living Area
1,970
Lot Size (Acres)
0.04
Style
Traditional
Year Built
2005
County
Frederick
School District
Frederick County Public Schools

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.

Additional Information

Subdivision
Hannover
Taxes
$3892
HOA Fee
$80
HOA Frequency
Monthly
School District
Frederick County Public Schools
Garage
Yes
Garage Spaces
1
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Contact: (410) 220-5745