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Under Contract

124 LOCUST 124-128 1/2 ST Hagerstown, MD 21740

3,920 SqFt

UPDATED:

10/17/2024 04:15 PM

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

Abv Grd Liv Area 3,920

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $3,330

Tax Year 2024

Lot Size 8,900 Sqft

Acres 0.2

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)

Fireplace N

Heat Source Electric

Exterior

Garage Garage - Front Entry, Garage - Side Entry

Garage Spaces 3.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Detached Garage, Off Street, On Street

Total Parking Spaces 3

Garage Y

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2217006401

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Andrew Peters • Burch Real Estate Group, LLC

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124 LOCUST 124-128 1/2 ST Hagerstown, MD 21740

Key Details

Location

Interior

Exterior

Building

Schools

Others

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124 LOCUST 124-128 1/2 ST