5809 Mercantile Drive WFrederick, MD 21703

Description

Back on Market!!!! Seller has added brand new LVP flooring, brand new vanities updated kitchen and more. Book your appointment today. 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.

Property Information

Property type

Residential Lease

Sub-type

Townhouse

Structure type

Townhouse

Year built

2005

Living area

1,970 Sq Ft

Lot size

0.04 acres

Garage spaces

1

Parking spaces

1

Zoning

R

Days on market

12

MLS^® Listing#

MDFR2091038

Property Features

Appliances

Gas Water Heater

Cooling

Central Air · Electric

Heating

Natural Gas · Central

Pool

None

Parking

Garage · Attached

Construction

Brick Veneer

Foundation

Slab

Sewer

Public Sewer

Water source

Public

Schools

District

FREDERICK COUNTY PUBLIC SCHOOLS

Financial Details

HOA

$80 / Monthly

Assessed value

$357,400

Parcel number

1123455552

Directions

use gps