$ 240,000
-
$240,000
Price -
3
Bed -
2
Bath -
2,050
SqFt
NEW! Buy and sell safely with virtual options - Learn More
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! Location is ideal, with this house being situated among the historic row of homes on the hill, overlooking Hagerstown City Park! 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
Residential
MLS ®
MDWA2035346
Year Built
1890
Total Square Footage
2,050
Lot/Acreage
0.37
County
Washington
Neighborhood
None Available
School District
Washington County Public Schools
High School
South Hagerstown Sr
Interior Details
- Bedrooms: 3
- Bathrooms: 2 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,Main Floor Bedrooms: 1
- 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,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: 3 car
- Parking Spaces: 13
- 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,Garage - Front Entry,Driveway,Parking Lot,Alley,Attached Garage,Detached Garage,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
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
524 Virginia Avenue & Adjacent Lot Hagerstown, MD 21740
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
