524 VIRGINIA AVENUE(2-UNIT) & ADJACENT LOT

HAGERSTOWN, MD21740

Welcome to 524 Virginia Avenue!! This is a two-unit building, featuring an upstairs 2-unit , and downstairs 1-unit residences! The property also features and comes with an additional 0.17 acre, subdivided and separate building lot (Front yard) , offering the potential for additional building potential! Additional Rental income is possible via the detached storage garage in the back of the property, AND the attached 1-bay garage! The grounds are spacious, with a grand, long driveway in the front, and generous parking areas in the rear/side of the property, allowing the potential for 15-20 vehicles. Access is also ample, via 2 driveway entrances, and the alleyway (via Summit & Virginia). Recent plumbing upgrades exist via licensed plumbers. A new roof was also installed around 2022. The property is now vacant, however was recently leased at a rate of $900/month for the downstairs unit, and $1,500/month for the upstairs unit, for a combined monthly gross income of $2,400 per month. This home is in need of some upgrades and repairs, but is PRICED TO SELL! Local & Similar comparables suggest an ARV (After-Repair-Value) of over $320,000! Walk-into equity with this piece of Hagerstown History! Looking to owner-occupy? Live in one unit, rent out the other! This one won't last long, call today to schedule your private tour!

Listing courtesy of The Glocker Group Realty Results



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