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!
Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.
Listed By
Agency Name: The Glocker Group Realty Results
Agency Phone: 3017454400
Shown By
Agent Name: Amy Diggs
Agent Phone: Cell: (240) 409-3673
Agency Title: Bach Real Estate
Bach Real Estate Amy Diggs (cell) (240) 409-3673
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524 Virginia Avenue & Adjacent Lot , Hagerstown, MD 21740.
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524 Virginia Avenue & Adjacent Lot , Hagerstown, MD 21740.
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524 Virginia Avenue & Adjacent Lot | MLS# MDWA2035346
This single family home located at 524 Virginia Avenue & Adjacent Lot , Hagerstown, MD 21740 is currently listed for sale with an asking price of $240,000. This property was built in 1890 and has 3 bedrooms and 2 full baths with 2050 sq. ft. Virginia Avenue & Adjacent Lot is located within the WASHINGTON COUNTY PUBLIC SCHOOLS school district. Search Hagerstown real estate on adiggs.bachrealestate.com today.