118 W All Saints Street, Frederick, MD 21701Asking Price of: $499,000

Experience the best of downtown Frederick living in this beautifully updated first-floor condo, ideally located just one block from Market Street in the heart of the historic district. Thoughtfully designed with modern finishes while preserving its timeless character, this inviting home offers the perfect blend of style, comfort, and convenience. The open-concept layout features a spacious living area, dining space, and a beautifully appointed kitchen complete with quartz countertops, stainless steel appliances, upgraded lighting, and stylish finishes throughout. The owner's suite offers a peaceful retreat with a walk-in closet and a beautifully updated en-suite bath, while the second bedroom and full hall bath provide comfortable accommodations for guests or a home office. Step outside to enjoy your private covered slate balcony, rear deck, shared patio, and expansive backyard—ideal for relaxing, entertaining, or simply enjoying the outdoors. Rounding out this exceptional property is the rare convenience of private off-street parking, a highly sought-after amenity in downtown Frederick. Located within walking distance of Carroll Creek, Market Street, award-winning restaurants, boutique shopping, breweries, entertainment, and year-round community events, this exceptional condo offers an unbeatable downtown lifestyle. Adding to its appeal, this property offers outstanding flexibility for homeowners and investors alike. The unit has been operating as a highly successful Airbnb, generating $34,656 in annual rental income while maintaining strong year-round occupancy. Future reservations can be transferred to a new owner or cancelled to accommodate a traditional owner-occupant with a 30-day closing. Looking for even greater potential? This condo may also be purchased together with the second-floor unit at 120 W. All Saints Street (MLS #FR2083500), creating a rare opportunity to own both residences. Live in one while continuing to generate income from the other, expand your investment portfolio with two established short-term rentals, or purchase this unit on its own and enjoy everything downtown Frederick has to offer. Whether you're searching for your next home, a turnkey investment, or the opportunity to do both, this is a rare offering to own and live in beautiful Downtown Frederick.