Frederick, MD 21701,207 PHEBUS AVE
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Frederick, MD 21701,207 PHEBUS AVE
Frederick, MD 21701,207 PHEBUS AVE
Frederick, MD 21701,207 PHEBUS AVE
Frederick, MD 21701,207 PHEBUS AVE

$190,000

Est. payment /mo

$224,900

15.5%
Est.Price: ?

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207 PHEBUS AVE Frederick, MD 21701

1,355 SqFt

SOLD DATE : 11/13/2020

Key Details

Sold Price $190,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,355 sqft

Price per Sqft $140

Subdivision Frederick Historic District

MLS Listing ID MDFR266540

Sold Date 11/13/20

Style Colonial

HOA Y/N N

Abv Grd Liv Area 1,355

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $1,319

Tax Year 2020

Lot Size 3,872 Sqft

Acres 0.09

Property Description

Offering Price Includes 2 Detached Single Family Residences 207 and 209 Phebus Avenue With 2 Tax ID Numbers But On One Deed Currently Leased And Being Sold/Conveyed AS IS. Public Records Incorrect Approximately 1355 SQ/FT Grade & Above For 207/209 Phebus Ave Per Recent Appraisal. Both Properties Have Had Recent Improvements Approximately 2015 Forward That Includes New Windows # 207 Has Medal Windows, & # 209 Has Vinyl Windows. Both Residential Metal Roofs Painted, HVAC Mitsubishi Wall Units Convey 1 Installed In # 207 & 2 Installed In # 209. Updated Electrical Wiring & Plumbing Completed In Both Properties In 2015 As Well. Lead Certificates Are Current & On File For Each Property. Lease For # 207 Is $720.00 Per Month Long Term Tenant & Lease Expires 02/28/2021. Lease For # 209 Is $1120.00 Per Month & Lease Expires 8/31/2020. Both Properties Are Managed By Owner. Deeded Off Street Parking Conveys For Each Property. Tenants Pay Water And Sewer Charges Quarterly. Above Grade Square Footage For Both Properties Is Approximately 1355 SQ/FT Per Recent Appraisal By Six & Associates, Inc. # 207 Has One Full Bath & # 209 Has One Full Bath Plus Half Bath. Fenced Rear Yards With Privacy. Walk To Downtown Amenities, Shopping, Carroll Creek Promenade, Community Pool, And MARC Rail Station. Gross Monthly Rent Is $1840.00 Per Month Or $22,080.00 Annually. Annual Net Operating Income Is Approximately $18,710.00 Which Yields Annual Capitalization Rate Of About 7.5 Percent.

Location

State MD

County Frederick

Zoning DR

Interior

Interior Features Floor Plan - Traditional

Hot Water Electric

Heating Baseboard - Electric, Wall Unit

Cooling Ductless/Mini-Split, Multi Units, Wall Unit

Flooring Other

Equipment Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Exhaust Fan

Fireplace N

Window Features Screens,Vinyl Clad,Double Hung

Appliance Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Exhaust Fan

Heat Source Electric

Exterior

Exterior Feature Patio(s), Deck(s)

Garage Spaces 1.0

Utilities Available Cable TV, Electric Available, Phone, Sewer Available, Water Available

Water Access N

View Street, Garden/Lawn

Roof Type Metal

Accessibility None

Porch Patio(s), Deck(s)

Road Frontage City/County

Total Parking Spaces 1

Garage N

Building

Lot Description Backs to Trees, Cleared, Rear Yard

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

Elementary Schools Lincoln

Middle Schools West Frederick

High Schools Frederick

School District Frederick County Public Schools

Others

Tax ID 1102069210

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Joseph B Powell • Real Estate Teams, LLC
Bought with Joseph B Powell • Real Estate Teams, LLC

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

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