Sold

9 S 2nd Street, Woodsboro, MD 21798

Beds
6
Sqft
4,332
Garage
Yes
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLong & Foster Real Estate, Inc.
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Overview

Seize the opportunity to own a rare cash-flowing 4-unit property in the heart of Woodsboro. This well-maintained 2 level building offers a strong rental history, stable tenants, and additional potential for increased returns. *Priced below recent Appraised Value!

Inside, you’ll find a total of 4,332 sq. ft. of living space, divided into four unique units:

Unit A – Spacious 2BR/1BA with dining room, living room, and kitchen. Features Hot Water Baseboard heating, central A/C, and a private covered patio. Currently leased at $1,200/month.

Unit B – 2BR/1BA with playroom, dining room, and enclosed porch entry. Includes Hot Water Baseboard heating, partial electric baseboard heat, and central A/C. Leased at $1,200/month.

Unit C – 1BR/1BA featuring an eat-in kitchen, living room, and updated systems. Equipped with heat pump HVAC. Currently rented at $800/month (month-to-month).

Unit D – 1BR/1BA with eat-in kitchen, living room, and closet space. Heat pump HVAC. Leased at $875/month.

Currently, Tenants enjoy the convenience of all utilities included in rent — electric, oil, water, and sewer. The property provides ample off-street parking, alley access, and an older two-car garage for storage. Each unit has been updated over time, with the front main-level units considered superior in finish and condition.

Current Rent Roll (Fully Leased):

Unit A – $1,200/mo

Unit B – $1,200/mo

Unit C – $800/mo

Unit D – $875/mo
Total Gross Monthly Rent: $4,075 / $48,900 annually

Expenses include utilities (electric approx. $3,122/year, oil approx. $3,483/year, water/sewer approx. $1,498/year), along with real estate taxes and insurance. While rents are below current market averages for the area, comparable properties demonstrate strong potential for future rent growth, making this an excellent long-term hold.

The property is ideally located within town limits of Woodsboro, just steps from Main Street and Route 194, with easy access to Frederick (10 miles SW) and surrounding employment hubs. The established neighborhood has a mix of older homes and newly constructed residences, ensuring strong rental demand.

This is a turnkey investment offering reliable income today and the opportunity to capture even greater returns tomorrow.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Number of bedrooms
6
Square feet
4,332
Lot size (acres)
0.17
Year built
1949

Exterior features

Pool
Yes

Garage and parking

Garage parking spaces
2

Utilities

Heating
Oil, Baseboard
Cooling
Central air, Ceiling fan(s), Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2025)
$3,760

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDFR2070062 Last checked:

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