Newhouse
1/12
$1,643/mo
$249,9003bd·1ba·1,460sf
115 W Main Street, Thurmont, MD 21788
Listing Courtesy of ANR Realty, LLC
soldNew — 2d on market
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$300,000
Sold4beds
|3baths
|2,988sqft
|1880built
18-20 Water Street,Thurmont, MD 21788
Sold onAugust 13, 2026· Listed at $300,000
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.
Overview
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 pro...
Listing updated: August 13, 2026 at 11:22 AM
Listed by:
Cindy Clipp (301) 639-0124, Long & Foster Real Estate, Inc.
Source: Bright MLS · MLS #MDFR2083954
Property details
Price history
| Date | Event | Price |
|---|---|---|
| Aug 13, 2026 | Sold | $300,000 |
| Jun 12, 2026 | Listed for sale | $300,000 |
Location
18-20 Water Street, Thurmont, MD 21788
Nearby schools
School district: Frederick County Public Schools
Catoctin
High School
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