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Street View
$300,000
Monthly Est:$1,493
4 Beds
3 Baths3 full baths
2,988sqft
18-20 Water St, Thurmont, MD 21788
$300,000
$1,493/moEst:
Get Pre-Approved
Single Family Residence
Built in 1880
$-- HOA
8,486 sqft lot
$100/sq.ft
Description
A rare investment opportunity in Thurmont with multiple income streams and strong rental potential. This property includes two separate homes on one parcel plus eight garage spaces that can be rented individually. Once updated and made fully rentable, the combined rental potential is approximately $4,000 per month (about $48,000 per year). Based on projected rents and the new list price, the gross cap rate is estimated at over 11% Estimated rents: one-bedroom home at $1,400, three-bedroom home at $1,800, and eight garages at $100 each. Live in one home and rent out the other, or lease both properties and the garages for steady income. The property will require updates and...
Continue Reading- Houzeo last checked: 14 minutes ago
- Listing updated: June 13, 2026 at 2:54 pm
- Listing Provided by: Cindy Clipp (301) 639-0124 | Long & Foster Real Estate, Inc. (301) 644-1086
- Source: Bright MLS-NJ | MLS#: MDFR2083954
Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
--
Year Built
1880
HOA Fees
-
Finished Area
2,988 sqft
Lot Size
8,486 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDFR2083954
MLS Status
PENDING-BRIGHT
Days on Market
2
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Heating
Baseboard Hot Water, Radiator
Sewer
Public Sewer
Interior Features
2nd Kitchen, Attic, Ceiling Fan(s), Entry Level Bedroom, Floor Plan Traditional, Recessed Lighting
Appliances
Dryer Electric, Washer, Refrigerator, Oven/range Electric
Cooling
Ceiling Fan(s), Window Unit(s)
Construction
Year Built
Year Built: 1880
Home type
Single Family Residence
Foundation Details
Permanent
Architectural Style
Traditional
Construction Materials
Stone
Utilities & Energy
Utilities
Above Ground
Water Source
Public
Basement
Combination, Improved, Interior Access, Partially Finished, Workshop, Windows
Parking Features
Paved Parking, Private
Other Features
Subdivision Name
Thurmont
Price History
| Date | Event | Price |
|---|---|---|
06/13/2026 Source: | Pending | $300,000 $100/sqft |
06/12/2026 Source: | Price Decreased | $300,000 -23.06% $100/sqft |
02/24/2026 Source: | Price Increased | $389,900 +877.19% $130/sqft |
11/28/2025 Source: | Price Decreased | $39,900 -90.61% $13/sqft |
08/21/2025 Source: | Listed for Sale | $424,900 -1.16% $142/sqft |
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Based on information from Bright MLS through Sep 19, 2026, 05:15PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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