Fully Leased 5-Unit Apartment
For Sale
$519,999
229-231 N Church Street, Thurmont, MD 21788
Fully leased apartment property with separately metered units and on-site parking.
Property Size5,096 SF
Price / SF$102.04
Days on Market133
Property Features for 229-231 N Church Street
General Information
Standard status
Active
Size
5,096 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
5
Additional Details
Gross Income
$58,500
Taxes and HOA fees
Annual Taxes
$4,540
Amenities
3
GB
Driveway.
Suburban.
Building Details
Year Built
1890
Buildings
1
Tenancy
Multi
Listing Agency:
(443) 745-2155
Listed By:
Keller Williams Legacy
(443) 745-2155
Source:
Xome
Added: Apr 21
Changed: Aug 30
Last Checked: Aug 30 at 7:29PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This 5-unit apartment building contains 5,096 square feet and offers a mix of four 1-bedroom/1-bathroom apartments and one 2-bedroom/1-bathroom apartment. The property was built in 1890 and is fully leased. Each residence has separate electric metering, with tenants responsible for their own electric service. The owner covers water, sewer, and trash expenses.
Located at 229-231 N Church Street in Thurmont, the property includes on-site parking for up to 8 vehicles. Its unit mix and existing occupancy provide a defined multifamily configuration for buyers seeking an operating apartment asset.
Located at 229-231 N Church Street in Thurmont, the property includes on-site parking for up to 8 vehicles. Its unit mix and existing occupancy provide a defined multifamily configuration for buyers seeking an operating apartment asset.
Key Highlights
- Fully leased 5‑unit apartment building
- 5,096 square feet built in 1890
- Unit mix includes four 1‑bedroom/1‑bathroom apartments and one 2‑bedroom/1‑bathroom apartment
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 21788, MD
11,491
Population
5,102
Households
2.3
Avg Household Size
44
Median Age
30%
College-Educated
91%
High-School Grad
65.4 sq mi
ZIP Area
176
Density / Sq Mi
$93,717
Median Household Income
$52,334
Median Earnings
$1,015
Median Rent
$342,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased apartment property with separately metered units and on-site parking.
Where is this apartment building located?
The property is located at 229-231 N Church Street Thurmont, MD.
What is the asking price?
The asking price for this property is $519,999.
What are key features of this property?
This property features: Fully leased 5‑unit apartment building; 5,096 square feet built in 1890; Unit mix includes four 1‑bedroom/1‑bathroom apartments and one 2‑bedroom/1‑bathroom apartment
