Second-Floor Residential Income
For Sale
$475,000
120 W ALL SAINTS STREET, Frederick, MD 21701
Updated condominium residence with three bedrooms, multiple outdoor areas, and private off-street parking near Market Street.
Property Size1,526 SF
Days on Market93
Property Features for 120 W ALL SAINTS STREET
General Information
Standard status
Active
Size
1,526 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
private covered slate balcony
rear deck
shared patio
expansive backyard
private off-street parking
Building Details
Building Size
1,526 SF
Year Built
1860
Listing Agency:
Charis Realty Group
Listed By:
Sharon Lelm
(301) 831-5099
Source:
Cindee.kw
Added: Jul 5
Changed: Sep 2
Last Checked: Oct 5 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charis Realty Group
Investment Insights
Based on property information with market context.
Built in 1860, this second-floor condominium combines historic character with updated interior finishes. The residence offers an open arrangement with living and dining areas connected to a kitchen featuring quartz counters, stainless steel appliances, upgraded lighting, and an exposed brick accent wall. Three bedrooms include a rear owner's suite with a walk-in closet and en-suite bath, while two front bedrooms share a second full bathroom. The primary bath includes a double-bowl vanity and oversized walk-in shower with a 16-inch rain shower head.
Outdoor features include a covered slate balcony, rear deck, shared patio, and expansive backyard. Private off-street parking adds functionality to the property. Located at 120 W All Saints Street, the condominium is one block from Market Street and within walking distance of Carroll Creek, restaurants, boutique shopping, breweries, entertainment, and community events in Frederick.
Outdoor features include a covered slate balcony, rear deck, shared patio, and expansive backyard. Private off-street parking adds functionality to the property. Located at 120 W All Saints Street, the condominium is one block from Market Street and within walking distance of Carroll Creek, restaurants, boutique shopping, breweries, entertainment, and community events in Frederick.
Key Highlights
- Second‑floor condominium at 120 W All Saints Street, one block from Market Street
- Three‑bedroom layout with owner's suite, walk‑in closet, and en‑suite bath
- Kitchen includes quartz countertops, stainless steel appliances, and exposed brick accent wall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,763
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,260
$415.3K
Cap Rate 7%
$296,614
$296.6K
Cap Rate 9%
$230,700
$230.7K
Market Conditions
NOI Build-Up for 1,526 SF
Gross rent
$39.7K $26.04/SF
− Vacancy
−$2.0K −$1.30/SF
EGI
$37.8K $24.74/SF
− OpEx
−$17.0K −$11.13/SF
NOI
$20.8K $13.61/SF
Area
Frederick County, MD
Vacancy
5.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,260
Cap Rate 7%
$296,614
Cap Rate 9%
$230,700
Alternative Uses
Best Use
Apartment 5plus
$296.6K
$259.5K – $346.1K
NOI $20,763 @ 7.0% cap · market cap 4.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$565.5K
$494.8K – $659.7K
NOI $39,582 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,819
Businesses Nearby
Explore this area
Business Placement
Demographics for 21701, MD
39,629
Population
18,914
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
39.7 sq mi
ZIP Area
998
Density / Sq Mi
$102,306
Median Household Income
$59,381
Median Earnings
$1,607
Median Rent
$404,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Updated condominium residence with three bedrooms, multiple outdoor areas, and private off-street parking near Market Street.
Where is this residential income property located?
The property is located at 120 W ALL SAINTS STREET Frederick, MD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Second‑floor condominium at 120 W All Saints Street, one block from Market Street; Three‑bedroom layout with owner's suite, walk‑in closet, and en‑suite bath; Kitchen includes quartz countertops, stainless steel appliances, and exposed brick accent wall
