CHARIS REALTY GROUP

Colonial

224 FREDERICK STREET

HAGERSTOWN, MD 21740

MLS#: MDWA2040976

$325,000

Status: Coming Soon
Listing number: MDWA2040976
Listing provided by: Charis Realty Group
Listing agent phone: None
Last update: 13 hours ago
New on site 1 day ago
Browse Properties
NONE AVAILABLE - Residential Income

Property

Beds

2

Full Baths

None

1/2 Baths

None

Year Built

1890

Sq.Footage

1,964

Great investment opportunity! This rehabbed brick building in Hagerstown features three versatile units with excellent income potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers flexibility and multiple revenue streams. The property includes a 1-bedroom downstairs apartment, currently estimated to rent for $1,350 per month, and a 1-bedroom upstairs apartment with estimated rental income of $1,250 per month. The third unit is an office/efficiency space with potential for a small business or conversion to a residential unit, estimated to generate $800 per month. The large garage offers additional income potential, with parking spaces estimated at $100 each. Based on these estimates, the three units could generate approximately $3,400 per month, with additional income possible from garage parking. All three units have been painted throughout. The main floor unit has a private entrance. This unit has been updated with new windows, electrical, plumbing & HVAC. The upstairs apartment features updated light fixtures, a range hood, and countertops. The property also boasts a large lot with parking for approximately 8–10 vehicles, additional off-street parking, and convenient alley access. With multiple income-producing opportunities and the potential to maximize rental returns, this property is an excellent opportunity for investors looking to build or expand their portfolio. Property is being sold AS-IS. Schedule your showing today!`

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1964.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ductless, Electric

  • Heating YN

    YES

  • Heating

    Electric, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    Oversized, Off Street, On Street, Garage, Other, Attached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.19

  • Lot Size(square feet)

    8,250

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $325,000

  • Tax Amount

    $2,916

  • Sq. Footage

    1,964

  • Price/SqFt

    $165

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

WASHINGTON

Elementary School

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High School

Listing Courtesy of ALEXANDRA L VASQUEZ, Salesperson, Realtor, Charis Realty Group

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Kelsey Norris

Salesperson, Realtor

Kelsey Norris

Call Kelsey today to schedule a private showing.

(240) 315-5288

kelsey@charisrealty.com


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Great investment opportunity! This rehabbed brick building in Hagerstown features three versatile units with excellent income potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers flexibility and multiple revenue streams. The property includes a 1-bedroom downstairs apartment, currently estimated to rent for $1,350 per month, and a 1-bedroom upstairs apartment with estimated rental income of $1,250 per month. The third unit is an office/efficiency space with potential for a small business or conversion to a residential unit, estimated to generate $800 per month. The large garage offers additional income potential, with parking spaces estimated at $100 each. Based on these estimates, the three units could generate approximately $3,400 per month, with additional income possible from garage parking. All three units have been painted throughout. The main floor unit has a private entrance. This unit has been updated with new windows, electrical, plumbing & HVAC. The upstairs apartment features updated light fixtures, a range hood, and countertops. The property also boasts a large lot with parking for approximately 8–10 vehicles, additional off-street parking, and convenient alley access. With multiple income-producing opportunities and the potential to maximize rental returns, this property is an excellent opportunity for investors looking to build or expand their portfolio. Property is being sold AS-IS. Schedule your showing today!`

224 FREDERICK STREET

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