108 W FOURTH STREET, FREDERICK, MD 21701

INVESTOR ALERT!  SOLD AS-ISThis 4-UNIT APARTMENT BUILDING NEEDS WORK, but is located in the heart of  Downtown Frederick and  includes SIX  OFF STREET PARKING SPACES and a large, fenced back yard, which is hard to find in Downtown Frederick.Each apartment is individually metered in this all electric property, with tenants responsible for all utilities except water/sewer. The building offers 2-one bedroom apartments and 2 studio apartments,  each featuring their own private entrance.  Each apartment housed long term tenants who paid under market rent.3 units are vacant and 1  lease terminates in June. Seller did not renew leases once she decided to sell building.  Three units need some cosmetic work ( flooring, elbow grease ) and are rentable as-is. Apartment  #3 housed a hoarder and needs more work. The building itself also needs work.Current lead certificates are on file for each unit. With fewer than 5 units, financing does not necessitate a commercial loan.  Please be warned... Unit #3 housed a hoarder and has a terrible smell-