2 Main St, Woodsboro, MD 21798-8801
This exceptional mixed-use property in Woodsboro, MD, presents a unique investment opportunity. The offering encompasses three residential units and twelve income-generating storage units, all situated on a 0.37-acre lot. The main structure, located at 2 Main Street, is a charming three-bedroom, two-bathroom colonial home that has undergone a complete renovation. Improvements include a new roof, fresh paint throughout, all new vinyl windows, updated plumbing (including upstairs laundry provisions), and a decorative fireplace in the primary bedroom. Significant upgrades also include a new water line, HVAC system, concrete basement flooring, PVC plumbing, and complete electrical rewiring. The duplex at 4 and 6 Main Street has also been extensively remodeled, boasting new water lines, PVC plumbing, electrical systems, concrete basement flooring, and egress windows installed to meet current building codes. Further enhancements include a recently coated metal roof, remodeled kitchens and bathrooms, fresh paint, new carpeting, a new HVAC system, new hot water heater, and new flooring. All three residential units offer the potential for owner occupancy and/or rental income. Completing this lucrative package are twelve currently rented storage units located at the rear of the property. This property offers a compelling blend of residential and commercial income streams, making it an attractive investment for discerning buyers. The total square footage of the property is 4,604 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Woodsboro, MDWoodsboro. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.