$ 240,000
-
$240,000
Price -
3
Bed -
0
Bath -
2,050
SqFt
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About the Listing GGRR1 - 3334860
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 Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
MDWA2035230
Year Built
1890
Total Square Footage
2,050
Lot/Acreage
0.37
Interior Details
- Bedrooms: 3
- Bathrooms: 0 Full
- Appliances: Stove, Refrigerator
- Air Cond: Window Unit(s),Ceiling Fan(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Hardwood,Laminated,Carpet
- Above Ground Sq Ft: 2050
- Below Ground Sq Ft: 0
- Basement: Outside Entrance,Walkout Stairs,Dirt Floor,Rear Entrance,Unfinished
- Other: Attic,Bathroom - Tub Shower,Carpet,Ceiling Fan(s),Entry Level Bedroom,Floor Plan - Traditional
- Water: Public
Exterior Details
- Lot Description: Additional Lot(s),Backs to Trees,Cleared,Front Yard,Landscaping,Not In Development,Road Frontage,Secluded,SideYard(s),Subdivision Possible,Trees/Wooded,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 280x80x123x50x116x25
- Zoning: RMOD
- Roof: Architectural Shingle
- Others: Bump-outs,Excellent,Good,Very Good
- Sewer: Public Sewer
- Parking Features: Asphalt Driveway,Private,Paved Parking,Driveway,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,512
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
524 Virginia Avenue & Adjacent Lot Hagerstown, MD 21740
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