29 N MAIN Street N, Smithsburg, MD 21783
MULTI_FAMILY - Colonial - SMITHSBURG, MD
- Added:
- Feb 19, 2026
- Days on Market:
- 118
- Last Refresh:
- Jun 17 at 4:06 am
Property Features for 29 N MAIN Street N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 1
- Parking features
- On Street, Garage - Detached
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,732 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1583
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1860
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Colonial
Listing agent William P Fouke License #523944 (301) 988-5844
Listing office Real Estate Innovations 1850 Dual Highway, Hagerstown, MD (301) 745-1500
Listing date Feb 19, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two two‑bedroom units (top‑and‑bottom duplex) in the Smithsburg school district
- Rents: $1,200 (1st floor) and $1,250 (2nd floor)
- Lease terms: 1st floor runs until May 2027; 2nd floor ends January 2027
- Year built 1860 with Colonial architectural style; frame construction
- Heating includes baseboard and electric heat
- Parking includes a detached garage and on‑street parking
Overview
The units are located in the Smithsburg school district. Current rent is stated at $1,200 for the first floor and $1,250 for the second floor, with lease end dates of May 2027 for the first-floor tenant and January 2027 for the second-floor tenant. The listing notes a solid 10% gross return on investment, and all showings require 24-hour notice.
For buyers looking to add a manageable multifamily asset, this duplex offers two distinct living spaces within a single property and maintains income through the remainder of the lease terms. Because showings require advance scheduling, it may be especially well-suited for investors and owner-occupants who can coordinate visit windows and plan around the existing tenancy.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $16.20 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $26.0k | $14.99 |
| − OpEx | −$7.8k | −$4.50 |
| NOI | $18.2k | $10.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Smithsburg
- County
- Washington
- State
- Maryland
- Longitude
- -77.5739924
- Latitude
- 39.6558991
