UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,428 sqft
Price per Sqft $525
MLS Listing ID MDWA2030646
Style Other
Abv Grd Liv Area 1,428
Year Built 1951
Annual Tax Amount $2,150
Tax Year 2024
Lot Size 10,000 Sqft
Acres 0.23
Property Sub-Type Detached
Source BRIGHT
Property Description
The layout includes two detached 3-bedroom, 1-bath single-family homes and a larger brick building with two fully renovated 1-bedroom, 1-bath apartments. All structures are solid brick and block construction, built to last. The one-bedroom units have been completely gutted and rebuilt from the ground up, featuring all new LVP flooring, drywall, doors, windows, fixtures, kitchens, and bathrooms.
This FHA eligible 4-unit property, Recent capital improvements across the entire property include new roofs, gutters, replacement windows, and updated plumbing and electric systems. The property also offers plenty of off-street parking and is conveniently located near shopping, schools, restaurants, and commuter routes.
Perfect for an owner-occupant using FHA financing with just 3.5% down. Live in one unit and let the rental income from the other three units plus the garage help cover your mortgage. Whether you're a first-time buyer or an investor, this multi-unit investment property in Hagerstown with rental income and no city taxes offers strong returns and long-term value.
Properties offering this mix of condition, rental income, flexibility, and location are hard to come by in Washington County. With strong upside potential and favorable financing options, this is a rare opportunity to step into a well-maintained, income-producing asset in the heart of Hagerstown.
Location
State MD
County Washington
Zoning U
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Shared Septic
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Greenbrier
Middle Schools Boonsboro
High Schools Boonsboro Sr
School District Washington County Public Schools
Others
Tax ID 2216009741
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
