124 LOCUST 124-128 1/2 ST Under Contract Save Request In-Person Tour Request Virtual Tour
Hagerstown,MD 21740
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,920 sqft
Price per Sqft $114
MLS Listing ID MDWA2023288
Style Colonial
Year Built 1905
Annual Tax Amount $3,330
Tax Year 2024
Lot Size 8,900 Sqft
Property Description
Great value add and opportunity for all investors! We have a brick 4 unit property available now, currently managed by a professional Property Management company! 2 units are a 2 bed and 1.5 bath and the other 2 are a 2 bed and 1 bath. 3/4 units have been completely rehabbed down to the studs! All electric services have been upgraded, new framing, new insulation, new drywall, new trim, new cabinets, new countertops, tile bathroom and kitchen floors, new LVP flooring and some new windows! The unit that has not been rehabbed has been tenant occupied since the owner purchased the property. Plus this property has a large garage in the rear, that could be rented out for additional rental income! Total monthly market rent is $4,800 for the 4 units, not including the opportunity for renting the garages. Currently has 3/4 tenants, 124 is paying $1,150, 126 is vacant, 128 is paying $1,133 and 128 1/2 is paying $1,150. The seller is leaving one unit vacant for a potential to house hack this property! 126 needs very minor repairs to be rent ready. Schedule your showing before this quad this gone!
Location
State MD
County Washington
Zoning RO
Interior
Hot Water Electric
Heating Baseboard - Electric,Baseboard - Hot Water
Cooling Window Unit(s)
Exterior
Garage Garage - Front Entry,Garage - Side Entry
Garage Spaces 3.0
Waterfront N
Water Access N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Special Listing Condition Standard