5809 Mercantile Dr W, Frederick, MD 21703

$410,000
3
BD
4
BA
1,970
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$410,000
Days on Market
5
MLS#
MDFR2089250
Status
ACTIVE
Type
Townhome
Style
Traditional
Year Built
2005
Bedrooms
3
Bathrooms
4
Full-baths
2
Half-baths
2
County
Frederick
Neighborhood
Hannover
Subdivision
Hannover

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.

Additional Information

Acres
0.04
Lot Size
1,742
Living Area
1,970
Cooling
Central A/C
Heating
Central
Taxes
$3,892

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Contact: (410) 220-5745