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209 Dill Ave, Frederick, MD, 21701

3beds
--baths
1,960sqft
$599,900
$306price/sqft
$4,366/moest. monthly cost
$174,640/yrincome needed

About This Home

Owner Occupant FHA Loan Available: Exceptional investment opportunity in the heart of Downtown Frederick on highly desirable Dill Avenue! This well-maintained 4-unit multifamily property offers an unbeatable location within walking distance to all of the shops, restaurants, breweries, and entertainment that historic downtown Frederick is known for. With consistently strong rental demand and a track record of near 100% occupancy, this is the type of asset investors seek but rarely find. Three of the four tenants have been in place for many years, providing immediate stability and dependable cash flow. The property has been well cared for over the years, resulting in very little to no annual maintenance expense, making it an ideal low-hassle addition to any portfolio. Whether you’re expanding an existing portfolio or acquiring your first multifamily in a prime market, this Dill Ave property delivers location, longevity, and performance. Don’t miss this rare chance to own a high-demand rental property in one of Frederick’s most sought-after downtown neighborhoods!

Getting Around

94
WalkingWalker's Paradise
33
TransitSome Transit
77
BikeVery Bikeable

Schools

7/10
Parkway Elementary SchoolGrades PK-50.5 mi
6/10
4/10
Frederick High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Good,Very Good,Average
  • Year built: 1900

Materials

  • Foundation: Permanent
  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial,Traditional,Transitional
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Dirt Floor

Bedrooms & Bathrooms

  • Bedrooms: 3

Features

  • Additional Stairway,Bathroom - Tub Shower,Built-in Features,Ceiling Fan(s),Efficiency
  • Door features: Storm Door(s)
  • Window features: Replacement
  • Flooring: Hardwood,Wood

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s),Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 1,960
  • Total interior livable area: 1,960 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1102117355
  • Zoning: IST
  • Zoning description: Residential - Not in Historic District Overlay
  • Special condition: Standard

Features

  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: Street Lights,Sidewalks
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 3,090 sqft
  • Features: Landscaped,Level

Parking

  • Total spaces: 2
  • Parking features: Oversized,Detached,On Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes