2 modern apartments with high quality office space above. You can live and work in this property or have it as a mixed used investment. Located in the heart of Downtown Frederick. The former C. Burr Artz Library, this all brick building is well constructed and has been totally modernized. On site parking and gardens makes this a unique opportunity.
Multi-familyProperty Type
1938Year Built
0.4 acresLot Size
$337Est. Price/Sq.Ft.
Listed by Jonathan Warner• Warner Commercial
•301-663-0202 (broker)
Bought with Tami Liebegott• Long & Foster Real Estate, Inc.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (2-4 Unit)
County
Frederick County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Feb 23, 2017.
DBO
HPO
Downtown Office Commercial District
The DBO district is intended for professional and business offices with a limited number of supporting retail commercial activities. High-density residential activities are allowed as well.
Zone overlays
Historic Preservation Overlay District
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
Museum / gallery
Theater / performing arts facility
Death related/funeral home
Park & open space
Property details
Parking
Parking Information
Surface
On Street
Interior
Basement Information
Basement: No
Multi Unit Information
# of One Bedroom Units: 1
# of Three Bedroom Units: 1
Vacancy Allowance Rate: 0.00
Gross Income: $120,800
Net Operating Income: $91,315
Operating Expense: $28,895
Exterior
Property Information
Improvement Assessed Value: $611,100
Ownership Interest: Fee Simple
Property Condition: Very Good
Year Built Source: Estimated
Year Major Reno/Remodel: 2000
Building Information
# of Units (Total): 3
Construction Materials: Brick
Outdoor Living Structures: Patio(s)
Lot Information
Lot Features: Corner, Private
Tidal Water: No
Land Information
Land Assessed Value: $352,800
Possible Use: Residential, Office, Mixed
Financial
Tax Information
City/Town Tax: $6,961.91
County Tax: $9,922.98
Tax Assessed Value: $963,900
Tax Year: 2014
Tax Annual Amount: $16,884.89
Assessments Information
Year Assessed: 2014
Lease Information
Lease Term: Negotiable
Utilities
Utilities Information
Central Air
Cooling Type: Heat Pump(s), Central A/C
Cooling Fuel: Electric
Forced Air, Heat Pump(s)
Heating Fuel: Electric
Hot Water: Electric
Metering: Electric Separate
Sewer Septic: Public Septic
Water Source: Public
Location
Location Information
In City Limits
Directions: Corner of West Second Street and Record Street Right behind City Hall in the heart of Downtown Frederick
Municipality: FREDERICK CITY
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Frederick County
APN: —
Home facts updated by county records on Feb 22, 2017
Around this home
Schools
Parkway Elementary School
Public PreK-5 • Assigned • 0.4mi
7/10
West Frederick Middle School
Public 6-8 • Assigned • 0.8mi
5/10
Frederick High School
Public 9-12 • Assigned • 0.8mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Frederick, MD • 21701
Average low and high temperatures (°F)
37
23
43
28
61
40
70
49
74
56
85
66
90
71
82
62
80
59
69
46
57
39
43
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 3.9 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.39M – $1.68M
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