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5809 Mercantile Drive W , Frederick, MD 21703

$410,000
  • 5809 Mercantile Drive W , Frederick, MD 21703 Main Photo

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New to the Market
BEDS3 BATHS2 full 2 partial SQUARE FEET1,970 MLS#MDFR2089250
STATUSACTIVE PROPERTY TYPEResidential - Townhouse SUBDIVISIONHANNOVER SCHOOLFREDERICK 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.

5809 Mercantile Drive W | MLS# MDFR2089250

This townhouse located at 5809 Mercantile Drive W , Frederick, MD 21703 is currently listed for sale with an asking price of $410,000. This property was built in 2005 and has 3 bedrooms and 2 full and 2 partial baths with 1970 sq. ft. Mercantile Drive W is located in the HANNOVER subdivision within the FREDERICK COUNTY PUBLIC SCHOOLS school district. Search HANNOVER real estate on www.homesale.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Central A/C
Fuel Type: Natural Gas
Garage: 1
Heating: Central
Home Style: Traditional
Lot Size: 0.04 Acres
Stories: 3.0
Taxes: $3,892
Year Built: 2005

Feature Descriptions

Accessibility: 2+ Access Exits
Additional Structures: Above Grade
Exterior: Brick Veneer
HOA Fee: $80.00/Monthly
Lot Dimensions: 0.04 Acre(S)
Parking Notes: 1 Total Parking Spaces
Sewer: Public Sewer
SQFT Above Finished: 1970
SQFT Total Finished: 1970
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 1
Water: Public

Local Schools

School District: FREDERICK COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 4102205745

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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Estimated Payment

$ 1,356.40 per month $912.48 Principal & Interest $324.33 Property Tax $119.58 Homeowner's Insurance

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