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Sold on 05/10/2024
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402 E Main St, Thurmont, MD 21788

$259,000

Last sold 05/10/2024 for $370K

  • —

    bed

  • —

    bath

  • 2,760

    Sqft ($134/Sqft)

Multi-family not for sale
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About 402 E Main St

Property type Multi-family
Year built 1915
HOA fee $0/month
Lot size 0.9 Acre
Movoto estimate
Parking 5 garage spaces
Property description
RARE OPPORTUNITY to own a 2-unit investment property with additional garage space rental income. Both units are 2-bedroom 1 bath. Several ways to look at this property. Rent the 2 units for full investment income or live in one unit and rent the other unit to keep cost of living down. Property in excellent structural condition with a new roof. Plenty of off-street parking and 5 garages convey along with a nice green space rear yard. Property can also have a commercial value for professional office space on the first floor with residential rental on the second floor. Purchaser to verify with Town of Thurmont. Convenient to schools, parks, restaurants, and stores. Both units are vacant and can be viewed without interruption. Passive income properties are hard to find in today's world. Hurry to make this one yours.
Listed by
Listing Agent - Scott E Clabaugh
Listing Office - Real Estate Teams, LLC
Source: Bright MLS mls logo
MLS#MDFR2046566 • last updated 2 years ago
Movoto checked Bright MLS for data 6 minutes ago
Overview
Cooling/AC Window Unit(s), Electric
Heating Oil
Levels/Style Bi-level
Type Multi-Family
SubType Duplex
Status Closed
SqFt 4140
Lot Size (SqFt) 39204
Lot Size (Acres) 0.9
County Tax 2693, Annually
City/ Town Tax 736
Tax: Assessed Value 229800
Annual Property Tax 3430
Year Built 1915
Municipality Thurmont
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Accessibility Features None
Exterior
Construction Frame
Garage Desc Garage - Front Entry
# Garage Spaces 5
# Parking Spaces 5
# Detached Garage Spaces 5
Parking Desc Detached Garage, Driveway
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
High School CATOCTIN
Elementary School THURMONT
School District FREDERICK COUNTY PUBLIC SCHOOLS
Middle School THURMONT
Directions From RTE 15 North Take Second Exit Into Thurmont 550 Left At Bottom Of Ramp Onto West Main St. Straight Thru Square Stop Light Onto East Main St. Property On Right Before Reaching Thurmont Middle School.
Zoning R2
Multifamily Details
# 2-Bedroom Units 2
$259K
Range: $225K-$292K
Last 30 days 
  • May 2024
    Public Records
  • May 13, 2024 Sold
    $370,000
  • May 2024
    mls logo MLS # MDFR2046566
  • May 11, 2024 Sold
    $370,000 (-2.6%)
  • Apr 11, 2024 Pending
    —
  • Apr 2, 2024 Listed
    $379,900
  • Year Property taxes Tax assessment
  • 2025
    $4,461 +26.8%
    $291,533 +11.84%
  • 2023
    $3,518 +1.4%
    $260,667 +15.05%
  • 2022
    $3,470 +4.3%
    $226,567 +1.45%
  • 2020
    $3,326 +4.0%
    $223,333 +1.47%
  • 2018
    $3,200 +26.9%
    $220,100 +2.32%
  • 2017
    $2,521 -30.5%
    $215,100 +2.51%
  • 2011
    $3,629
    $209,833
  • 402 E Main St
    $370K
  • —
  • 21788
    $350K -16% y/y
  • Thurmont
    $354K -15% y/y
No chart available
Statistics calculated by Movoto

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N/A
Thurmont Primary School
public Grades PK, K-2
Frederick County Public Schools
6/10
Thurmont Elementary School
public Grades 3-5
Frederick County Public Schools
4/10
Thurmont Middle School
public Grades 6-8
Frederick County Public Schools
5/10
Catoctin High School
public Grades 9-12
Frederick County Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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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 Movoto 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. Data last updated: 10/6/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor 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. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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