tomo logo

$749,000

Beds
4
Baths
3.0
sq ft
2,460

8 E Church St, Frederick, MD 21701

8 E Church St

FREDERICK, MD 21701

  • 3 days on market
Discover the epitome of Downtown Frederick living at this exceptional property on coveted Church Street, just off Market Street and directly opposite the parking deck. Boasting a desirable DBO zoning for downtown business while being versatile enough for residential use, this property offers endless possibilities. Situated at the heart of the action, this property is strategically located on Church Street, making it a focal point for both business and residential opportunities. Convenience meets charm in this bustling neighborhood. Zoned for downtown business, this property opens doors to a myriad of business ventures. Whether you envision a thriving commercial space or a stylish downtown residence, the choice is yours. Currently operating as a successful Airbnb, this property has a proven track record for generating income. Take advantage of the established business or explore new possibilities with the flexible zoning. Previously utilized as an art gallery on the first floor, a residence on the second, and an Airbnb on the third, the layout is adaptable to various uses. Live upstairs while running your business downstairs or convert it into a single-family home – the options are limitless. Inside, you'll experience modern luxury with brand-new hardwood floors, a beautifully updated kitchen, and magazine-worthy bathrooms. The interior exudes charm and sophistication, creating an inviting atmosphere. Outside, step into an urban oasis with a fenced-in double-gated yard featuring garden planters, a patio, gazebo, and gorgeous lighting. Ideal for outdoor dining for a food service business or a private retreat for residents .The double-gated yard also provides secure OFF-STREET PARKING—a rare find in this vibrant downtown location. Don't miss this incredible opportunity to own a property that combines downtown business potential with the charm of a residential oasis. Contact us today for an exclusive private showing and unlock the endless possibilities that await! SEE NEW 3D TOUR AND FLOORPLANS!

Details

Property type

Duplex

Est. home value

$871,136

Lot size

2,074 sq ft

Price per sq ft

$305

Year built

1895

Annual property taxes

$12,739

HOA

No

Price History

01/04/2025
Bright

Bright #MDFR2058166

Listed
$749,000
10/08/2024
Bright

Bright #MDFR2045262

Removed
$749,000
10/07/2024
Bright

Bright #MDFR2045262

Listed
$749,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

FREDERICK COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$343,922
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$345,158
Cash to seller
$343,922

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

January 2021

Original loan amount

$379,000

Est. remaining balance

$345,158

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Brian K Ward and Michael David Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/06/2025 at 10:15 PM

Listing updated: 01/05/2025 at 2:48 PM

Listed by: Douglas E. Gardiner, Long & Foster Real Estate, Inc. Phone #: (301) 694-8000

MLS: Bright #MDFR2058166

Bright logo

Recently listed in FREDERICK

$440,000|5 bd|2.0 ba|House
$679,900|4 bd|4.0 ba|Condo
$395,000|3 bd|2.5 ba|Townhouse
$640,000|3 bd|2.5 ba|Townhouse
$500,000|3 bd|3.5 ba|Townhouse
$364,900|3 bd|1.5 ba|Townhouse
$435,000|3 bd|2.5 ba|House