About This Home
This 3-bedroom, 4-bathroom townhouse at 5809 MERCANTILE Drive W in Frederick, MD is listed for $410,000 ($208 per sqft). Built in 2005, the home offers 1,970 sqft of living space on a 0.04 acres lot.
Key Features
- Built in 2005
- 0.04 acre lot
- 3 stories
- 1 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5809 MERCANTILE Drive W
Frederick, MD 21703
HANNOVER
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 4-bathroom townhouse at 5809 MERCANTILE Drive W is listed at $410,000 ($208/sqft). The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $80/month.
Key features include: Built in 2005, 0.04 acre lot, 3 stories, 1 parking spaces.
This property is listed by Solomon Zaldivar and can be reached at 3019229079.
