Multi-Family: MLS #MDFR2073062 Thurmont, MD $ 249,900
Multi-Family: MLS #MDFR2073062
$ 249,900
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Multi-Family: MLS #MDFR2073062

Thurmont, MD, 21788
$ 249,900
Bedrooms2 Baths0.0

Monthly Estimate*

$ 1,559

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Multi-Family Home for sale in Thurmont, MD

for $249,900 with 2 bedrooms. This home was built in 1920 on a lot size of 0.03.

Prime investment opportunity in the center of Thurmont with this well-maintained, mixed use property consisting of a large commercial space and 2 - 1 bedroom apartments. It is strategically positioned for maximum visibility and accessibility with storefront right on Main St. Constructed with durable materials and sporting a new roof (2025), this property boasts a solid foundation for long-term growth. The commercial space currently houses a non-profit. Ideal for an owner/operator, the versatile and customizable space is suitable for several types of professional or retail businesses. Both apartments shine with hardwood floors, full kitchens, lot of light filled space and access to washer and dryer. With a good overall condition, and full occupancy, this property is poised for minimizing downtime and maximizing cash flow. The on-street and off-site public parking options enhance accessibility for clients and tenants alike. Owner pays for essential services such as heat and water/sewer services, streamlining operational costs and improving your bottom line. This property is not just a space; it's a strategic asset that can yield significant returns in a thriving market. 1, 5 and 7 E Main St are also for sale giving the chance to own the entire corner block. Don't miss the chance to capitalize on this investment-schedule a viewing today!

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Multi-Family Active

Price

$ 249,900

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 3,282

Style

Lot Size

0.03

Year Built

1920

Town/City

Thurmont

County/Region

Frederick

MLS | Web ID

MDFR2073062

Features
General
Living Area 3450
Sewer Public Sewer
Heating Baseboard - Electric Radiator
Cooling Window Unit(s)
Possession Coin w/Sell Sett
Zoning TB
Architectural Style Other
Construction Materials Combination
School District FREDERICK COUNTY PUBLIC SCHOOLS
Exclusions Tenants personal properties
Year Built 1920
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County FREDERICK
Net Operating Income 21374.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City THURMONT
Disclosures Lead Based Paint - Federal Lead Based Paint - State Lead Inspection Certificate Available Owner RE Licensee Prop Disclaimer
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 1307.00
Number of Units Leased 3
Tax Annual Amount 3282.0
Home Warranty Y/N N
Two Bedroom 0
Structure Type Over Storefront
Price Per Sq Ft Total AG 72.43
Acceptable Financing Bank Portfolio Private Cash Other
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Month to Month Long Term
Standard Status Active
Year Built Source Estimated
Total Actual Rent 31199.00
Cap Rate 9.00
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Interior
Heating Fuel Electric Oil
Hot Water Electric
Furnished Units None
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
Laundry Type Common
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street Other
Spa N
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 65000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3
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* Excluded Features
List By
Tomlinson Real Estate Llc

Broker

matthewatomlinson@gmail.com

Email

Affordability Calculator

$1,833
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,559
Monthly Property Taxes
$274
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533201 Elementary School
3533240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$249,900 Listed Price

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