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Listed by Robert J Krop • Keller Williams Realty Centre
$600,000
Est. payment /mo
0.31 Acres Lot
Coming Soon
1301 VIRGINIA AVE Hagerstown, MD 21740
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID MDWA2031570
Year Built 1927
Available Date 2025-09-19
Annual Tax Amount $3,426
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Great Investment Opportunity – 5-Unit Multi-Building
Fully rented and cash-flowing, this 5-unit property is the perfect addition to any investor's 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, you'll 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, there's 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.
Fully rented and cash-flowing, this 5-unit property is the perfect addition to any investor's 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, you'll 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, there's 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.
Location
State MD
County Washington
Zoning RU
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s), Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2226019974
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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