12 days on rocket

606 E Patrick St, Frederick, MD, 21701

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
9,175 SqFt
$163/SqFt
House

Location

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606 E Patrick St, Frederick$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAsphalt Driveway, Paved Driveway, Private, Driveway, Off Street
Year Built1913
HeatingOther
CoolingWindow Unit(s), Other
BasementYes
ViewCity
MLS #MDFR2057290
Lot Size1.01 Acres
StatusActive
(ACTIVE)

About 606 E Patrick St

This is a prime investment opportunity in the heart of vibrant Downtown Frederick. This exceptional 18-unit multi-family property promises steady income and potential growth, surrounded by Frederick’s bustling attractions, cultural hotspots, and top-tier amenities. Nestled in Downtown Frederick, it’s just steps away from award-winning dining, artisanal shops, and the iconic Market Street. Residents are minutes from Baker Park’s scenic trails, the lively Carroll Creek Promenade, theaters, galleries, and endless entertainment options. Plus, with easy access to major highways and a walk to the MARC train, tenants enjoy seamless commutes to DC, Baltimore, and beyond. Each unit offers a unique layout, with a mix of studio, and one-bedroom, options even featuring private kitchens and bathrooms, adding privacy and appeal for tenants. The property harmoniously combines historic charm with modern comforts, making it an irresistible option in a highly desirable rental market. There’s ample parking, a rare convenience for downtown properties, which enhances tenant satisfaction and retention. With the strong demand for quality rentals in Downtown Frederick and the potential for rent appreciation, this property offers a valuable opportunity for investors. Don’t miss the chance to own a cornerstone asset in one of Maryland’s most dynamic rental markets. Contact us today for a private showing and take the next step in elevating your investment portfolio with this exceptional Downtown Frederick property.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Victorian
  • Year Built: 1913
  • Living Area: 9,175 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (301) 983-0202
  • Listing Agent: Sean C Brink

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Carpet, Ceiling Fan(s), Store/Office, Additional Stairway, Double/Dual Staircase, Efficiency, Entry Level Bedroom, Studio

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Gutter System, Outbuilding(s), Play Area, Sidewalks, Street Lights

Parking Information:

  • Parking: Asphalt Driveway, Paved Driveway, Private, Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Front Yard, Level, Back Yard
  • Lot Size: 1.01 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s), Other

Other

Directions Information:

  • Directions: Across from the Fair Grounds

Municipality:

  • Frederick City

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $14,624
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Frederick, MD.

Med. Sold Price

$449.9K

Med. Price/SqFt

$227

Avg. Days On Market

24

# of Sold Homes

132

606 E Patrick St vs Frederick

12 DAYS ON ROCKET

-12 Days

$1,500,000

+$1.0M More

$163/SqFt

-$65 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $65/SqFt less than other homes in Frederick, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDFR2057290

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (301) 983-0202
  • Listing Agent: Sean C Brink

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/15/2024, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 26, 2020Home Sold
$802,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,624$971,933
2020$11,568$807,167
2019$11,568$642,400
2018$11,614$639,300
2017$11,443$636,200

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3693853
5
/10
  • Lincoln Elementary School

  • 200 Madison St

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-3693854
7
/10
  • Parkway Elementary School

  • 300 Carroll Pkwy

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-3693855
6
/10
  • North Frederick Elementary School

  • 1010 Fairview Ave

  • 1.49 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,333. The majority of Frederick, MD residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Frederick, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Frederick, MD.

Frederick's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles range from historic colonial to contemporary, reflecting the city's blend of tradition and modernity. The market is balanced with a mix of ownership and rental opportunities, catering to a variety of preferences and lifestyles.

What is it like to live in Frederick, MD?

Frederick is celebrated for its vibrant community spirit and rich historical heritage. The city prides itself on a bustling downtown area that hosts a variety of festivals and events throughout the year, fostering a strong sense of community and cultural engagement among residents.

Is it easy to get around Frederick, MD without a car?

The community is served by a robust selection of services, including public and private schools that cater to a range of educational needs. Healthcare facilities are comprehensive, offering residents access to a variety of medical services. Retail and dining options are plentiful, with local businesses and restaurants reflecting the unique character of Frederick.

Transportation in Frederick, MD.

Transportation in Frederick includes a network of roads and highways that connect the city to the wider region, facilitating easy travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city also features areas with high walkability, particularly in the downtown district, enhancing the quality of life for pedestrians.

Frequently Asked Questions About 606 E Patrick St

What is the listing price of this property?

The listing price of 606 E Patrick St property is $1,500,000.

What type of property is this?

The property 606 E Patrick St is a house located in Frederick, Maryland, 21701.

Is this property for sale now?

Active Listing: 606 E Patrick St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,624 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 26, 2020 for $802,000. (source: MLS/tax record).

What is the square footage of this property?

The property 606 E Patrick St is 9,175 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 606 E Patrick St is 1913.

Rocket HomesMarylandFrederick CountyFrederick21701606 E Patrick St

This home is located at 606 E Patrick St in Frederick, MD and zip code 21701. This 9,175 square foot home, which was built in 1913, sits on a 1.01 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $1,500,000.

While more than 45 listings in Frederick, MD in November 2024 were sold above asking price, there were more than 48 listings sold at asking price, and more than 39 were sold below. The number of listings in Frederick, MD decreased by 2.4% between October 2024 and November 2024. Listings spent 24 days on the market in November 2024, and had a median list price of $449,997 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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