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1301 Virginia Avenue

HAGERSTOWN, MD 21740
  • $550,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: MDWA2031570
UPDATED: 46 min ago
$550,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1927
County:

School Ratings & Info

Description

Great Investment Opportunity " 5-Unit Multi-BuildingFully rented and cash-flowing, this 5-unit property is the perfect addition to any investors portfolio. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units.Inside, youll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal.On top of strong current income, theres plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income.This is a turn-key investment with upside potential in a sought-after rental market.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-14T08:52:33.19.
www.deepcreeksales.com/homes/167996343
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1301 Virginia Avenue HAGERSTOWN, MD 21740

  • Price: $550,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 46 min ago
  • ID#: MDWA2031570
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1927
Built
County:
Washington
School District:
Washington County Public Schools
Property Description
Great Investment Opportunity " 5-Unit Multi-BuildingFully rented and cash-flowing, this 5-unit property is the perfect addition to any investors portfolio. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units.Inside, youll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal.On top of strong current income, theres plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income.This is a turn-key investment with upside potential in a sought-after rental market.
Exterior Features

Construction Materials Block Garage YN No Parking Features Paved Parking Parking Types Parking LotOn StreetPrivate Garage Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3720.00 Cooling Window Unit(s)Ceiling Fan(s) Heating Hot Water Heating YN Yes Net Square Feet 3720.00

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Foundation Details Block Gross Income 63900.00 Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 49129.96 New Construction YN No Number Of Units Total 5 Operating Expense 11233.00 Operating Expense Includes Management FeesSnow RemovalLandscapingWaterSewerRepair/MaintenanceInsurance Original MLSNumber 804171849312 Owner Pays Common Area MaintenanceGasWaterSewerSnow RemovalTaxes - Real EstateInsuranceLawn/Shrub Care Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3426.00 Tax Lot 24 Total Actual Rent 63900.00 Vacation Rental YN No Water Source Public Zoning RU

Listing courtesy of Keller Williams Realty Centre: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-14T08:52:33.19.
 
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Taylor-Made Deep Creek Real Estate
35 Towne Centre Way
McHenry MD, 21541