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$435,000
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Property Description
Seize the opportunity to own a rare cash-flowing 4-unit property in the heart of Woodsboro. This well-maintained 2 level building offers a strong rental history, stable tenants, and additional potential for increased returns. *Priced below recent Appraised Value! Inside, you'll find a total of 4,332 sq. ft. of living space, divided into four unique units: Unit A - Spacious 2BR/1BA with dining room, living room, and kitchen. Features Hot Water Baseboard heating, central A/C, and a private covered patio. Currently leased at $1,200/month. Unit B - 2BR/1BA with playroom, dining room, and enclosed porch entry. Includes Hot Water Baseboard heating, partial electric baseboard heat, and central A/C. Leased at $1,200/month. Unit C - 1BR/1BA featuring an eat-in kitchen, living room, and updated systems. Equipped with heat pump HVAC. Currently rented at $800/month (month-to-month). Unit D - 1BR/1BA with eat-in kitchen, living room, and closet space. Heat pump HVAC. Leased at $875/month. Currently, Tenants enjoy the convenience of all utilities included in rent - electric, oil, water, and sewer. The property provides ample off-street parking, alley access, and an older two-car garage for storage. Each unit has been updated over time, with the front main-level units considered superior in finish and condition. Current Rent Roll (Fully Leased): Unit A - $1,200/mo Unit B - $1,200/mo Unit C - $800/mo Unit D - $875/mo Total Gross Monthly Rent: $4,075 / $48,900 annually Expenses include utilities (electric approx. $3,122/year, oil approx. $3,483/year, water/sewer approx. $1,498/year), along with real estate taxes and insurance. While rents are below current market averages for the area, comparable properties demonstrate strong potential for future rent growth, making this an excellent long-term hold. The property is ideally located within town limits of Woodsboro, just steps from Main Street and Route 194, with easy access to Frederick (10 miles SW) and surrounding employment hubs. The established neighborhood has a mix of older homes and newly constructed residences, ensuring strong rental demand. This is a turnkey investment offering reliable income today and the opportunity to capture even greater returns tomorrow.
Full Property Details
Full Property Details for 9 S 2nd St
General
- Sold For: $435,000
- Taxes: $3,760 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDFR2070062
- Added to Site: 127 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Entry Level Bedroom, Floor Plan - Traditional
- Appliances: Refrigerator, Dishwasher, Oven/Range - Electric, Disposal, Range Hood
- Flooring: Carpet, Vinyl, Hardwood, Laminate Plank
Rooms
Other Rooms
- Laundry: Hookup, Main Floor
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Exterior
- Exterior Features: Sidewalks, Gutter System
- Porch/Patio/Deck: Patio(s)
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 8
- Parking Features: Free, Paved Parking
- Parking Type: Off Street, Parking Lot, Detached Garage
- Garage Description: Additional Storage Area, Garage Door Opener, Garage - Front Entry, Garage - Rear Entry
Location
- County: Frederick
- Cross Streets: Liberty St/ Woodsboro Rd
- Driving Directions: From 194 turn Left onto Liberty St. Turn Right onto S 2nd St after Elementary School.
- Location Details: Corner Lot/Unit
- City Limits: Yes
School Information
- School District: Frederick County Public Schools
- High School: Walkersville
Heating & Cooling
- Central air: Yes
- Cooling Type: Ceiling Fan(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Above Ground, Cable TV Available, Electric Available
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Vinyl Siding
- Foundation: Slab
- Roof: Shingle, Asphalt
- Walls/Ceilings: Dry Wall
- Stories/Levels: 2
- Stories Description: Main
- Square Feet: 4,332
- Sq. Ft. Source: Estimated
- Living Area: 4,332 Sq. Ft.
- Year Built: 1949
- Year Built Source: Estimated
- Property Condition: Good, Average
Unit Information
- Other Units: Unit 1, Unit 2
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
Lot Features
- Property View: City
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Estimated
- Lot Dimensions: 66 x 112
- Street/Road Desc.: Access - On Grade, Black Top, Paved
- Lot Features: Level, Road Frontage
- Zoning: R1
- Lot Description: Level, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $109.65
- Assessment Year: 2025
- City/TownTax: $482
- City/TownTax Freq: Annually
- Tax w/Assessment: $279,200
- Tax Amount: $3,760
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by Long & Foster Real Estate, Inc., Chris R Reeder
Sold by RE/MAX Realty Plus, Blake L Haegele
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Schools
Schools serving 9 S 2nd St
School District:Frederick County Public Schools, Fort Detrick, MD
| Name | Grades | Distance |
|---|---|---|
New Midway/Woodsboro Elementary School 12226 Woodsboro Pike, Keymar, MD 21757 | K-5 | 2.8 mi |
Walkersville Middle School 55 West Frederick Street, Walkersville, MD 21793 | 6-8 | 4.3 mi |
Walkersville High School 81 West Frederick Street, Walkersville, MD 21793 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9 S 2nd St
Date
Details
Price
Change
Source
10/30/2025
Sold
$435,000
-8.42%
MLS
9/12/2025
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9 S 2nd Street, Woodsboro, MD 21798 (MLS# MDFR2070062) is a Multi-Family property that was sold at $435,000 on October 30, 2025. Want to learn more about 9 S 2nd Street? Do you have questions about finding other Multi-Family real estate for sale in Woodsboro? You can browse all Woodsboro real estate or contact a Coldwell Banker agent to request more information.

