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402 E Main Street, Thurmont, MD 21788
$370,000
402 E Main Street, Thurmont, MD 21788View this property at 402 E Main Street, Thurmont, MD 21788
402 E Main StreetThurmontMD21788
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Property Description
RARE OPPORTUNITY to own a 2-unit investment property with additional garage space rental income. Both units are 2-bedroom 1 bath. Several ways to look at this property. Rent the 2 units for full investment income or live in one unit and rent the other unit to keep cost of living down. Property in excellent structural condition with a new roof. Plenty of off-street parking and 5 garages convey along with a nice green space rear yard. Property can also have a commercial value for professional office space on the first floor with residential rental on the second floor. Purchaser to verify with Town of Thurmont. Convenient to schools, parks, restaurants, and stores. Both units are vacant and can be viewed without interruption. Passive income properties are hard to find in today's world. Hurry to make this one yours.
Full Property Details
Full Property Details for 402 E Main St
General
- Sold For: $370,000
- Taxes: $3,430 (2023)
- Status: Closed
- Type: Duplex
- MLS ID: MDFR2046566
- Added to Site: 64 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 5
- Total Spaces: 5
- Parking Type: Detached Garage, Driveway
- Garage Description: Garage - Front Entry
Location
- Municipality: Thurmont
- County: Frederick
- Driving Directions: From RTE 15 north take second exit into Thurmont 550. Left at bottom of ramp onto West Main St. Straight thru square stop light onto East Main St. Property on right before reaching Thurmont Middle School.
- City Limits: Yes
School Information
- School District: Frederick County Public Schools
- Elementary School: Thurmont
- Middle School: Thurmont
- High School: Catoctin
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Bi-level
- Architectural Style: Bi-level
- Structure Type: Other
- Construction: Frame
- Stories/Levels: 0
- Square Feet: 4,140
- Sq. Ft. Source: Assessor
- Living Area: 2,760 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.9
- Lot Size (Sq. Ft.): 39,204
- Lot Size Source: Assessor
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $137.64
- Assessment Year: 2023
- City/TownTax: $736
- City/TownTax Freq: Annually
- County Tax: $2,693
- County Tax Freq: Annually
- Tax w/Assessment: $229,800
- Tax Amount: $3,430
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2760
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed and Sold by Real Estate Teams, LLC, Scott E Clabaugh
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Schools
Schools serving 402 E Main St
School District:Frederick County Public Schools, Frederick, MD
Rating | Name | Grades | Distance |
---|---|---|---|
805 E Main St, Thurmont, MD 21788 | 3-5 | 0.5 mi | |
Thurmont Primary School
7989 Rocky Ridge Rd, Thurmont, MD 21788 | PK-2 | 0.9 mi | |
408 E Main St, Thurmont, MD 21788 | 6-8 | 0.1 mi | |
14745 Sabillasville Rd, Thurmont, MD 21788 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 402 E Main St
Date
Details
Price
Change
Source
5/10/2024
Sold
$370,000
-2.61%
MLS
4/02/2024
Listed
$379,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
402 E Main Street, Thurmont, MD 21788 (MLS# MDFR2046566) is a Duplex property that was sold at $370,000 on May 10, 2024. Want to learn more about 402 E Main Street? Do you have questions about finding other Duplex real estate for sale in Thurmont? You can browse all Thurmont real estate or contact a Coldwell Banker agent to request more information.