71 BOND Street, Westminster, MD 21157
MULTI_FAMILY - Colonial - WESTMINSTER, MD
- Added:
- Mar 16, 2026
- Days on Market:
- 113
- Last Refresh:
- Jul 6 at 2:06 pm
Property Features for 71 BOND Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street, Parking Lot
- Standard status
- Active
- Size
- 1,376 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3813
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1910
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Erin Joyce License #5009821 (240) 405-7635
Listing office Real Estate Innovations 462 Prospect Boulevard, Hagerstown, MD (301) 662-8600
Listing date Mar 16, 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
- Strong income potential from well‑maintained duplex in a convenient location.
- Flexible living options for owner‑occupants or investors.
- Immediate rental income from currently occupied Unit A.
- Unit B features 2 bedrooms, 1 bathroom, kitchen, and attic access with additional living space.
- Off‑street parking provided by rear parking lot.
- Separate entrances for each unit ensure privacy and functionality.
Overview
The property sits on a small lot and includes a rear parking lot that provides off-street parking for both units. The separate entrances are designed to support privacy and day-to-day convenience for occupants.
For an owner-occupant, the configuration supports living in one unit while using the other for rental income. For investors, the property’s duplex setup and parking layout offer an uncomplicated two-unit structure with multiple areas for storage and flexible space within the Unit A basement access and Unit B attic access. With Unit A currently occupied, the property presents the option to generate immediate rental income while Unit B can support future tenant placement.
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 | $26.7k | $19.44 |
| − Vacancy | −$1.2k | −$0.87 |
| EGI | $25.5k | $18.57 |
| − OpEx | −$7.7k | −$5.57 |
| NOI | $17.9k | $13.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Carroll
- State
- Maryland
- Longitude
- -77.00015
- Latitude
- 39.57437
