Exceptional Downtown Frederick Investment Opportunity! Discover an outstanding investment opportunity in the heart of Downtown Frederick! This well-maintained townhome features two separate apartments (A & B), each offering 2 bedrooms and 2½ bathrooms, providing excellent flexibility and income-producing potential. Apartment A is currently configured as a successful Airbnb-style rental, while Apartment B is tenant-occupied, offering an opportunity for immediate rental income. Both units have been well cared for and feature numerous updates. The property's exterior offers plenty of historic charm, including an inviting front porch and balcony where residents can enjoy the vibrant downtown atmosphere. Situated on a generous 0.22-acre lot, the property also features a rear yard with room for outdoor entertaining, relaxation, or future landscaping possibilities. One of the standout features of this investment is the 14 off-street parking spaces shared by the two adjoining townhome properties-a rare and valuable amenity in Downtown Frederick! The adjacent townhome is also available for sale (see separate listing), creating an exceptional opportunity for investors looking to expand their portfolio with two neighboring properties. Conveniently located near downtown shops, restaurants, entertainment, public transportation, and other local amenities, this property offers an attractive combination of location, character, and income potential. Whether you're an experienced investor or looking to expand your real estate portfolio, this is a unique opportunity to own an income-producing property in one of Maryland's most desirable downtown locations. Don't miss your opportunity to explore the possibilities!