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9 S 2nd St, Woodsboro, MD 21798

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For Sale

$475,000

0.17 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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. Â 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.
MLS# MDFR2070062

Courtesy Of Long & Foster Real Estate

(888) 536-0216

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dishwasher, Garbage Disposer, Range, Range - Electric, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Hardwood, Laminate, Vinyl, Wood
  • Heating System
    Baseboard
  • Lot Size
    0.17 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 9 S 2nd St, Woodsboro, MD 21798

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Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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