Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1873
Sq.Footage
3,166
Four unit apartment building available. 2 units were recently renovated and 2 units are in need of complete renovation. The property is being sold as-is and does need work. Apartment #3 is renovated and currently unoccupied. Apartment #4 was recently renovated and is currently tenant occupied. Apartment #2 & #1 had demolition started and remain in an unfinished state. The property includes three 1 bedroom units and one 2 bedroom unit. Each unit has it's own electric hot water heater, central air, central heating and is meter separately for electric. Water/sewer are common to the entire building. The owner has relocated and no longer has interest in finishing the renovations to this building, which is why it's being sold as-is. Apartment #4 rents at $750 and Apartment #3 was previously rented at $675. Tenants pay all their own utilities except water/sewer. Once Apartment #1 & #2 are renovated we project the rents to be $675 for Apt 2 and $995 for Apt 1. Total projected income once the two remaining units are renovated would equal $37,140 annually. Lead paint inspections rental licenses are available for apt 3 & 4.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s)
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
3166.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Heat Pump, Ceiling Fan(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air, Heat Pump
Exterior
-
Garage
No
-
Construction Materials
Brick, Stone
-
Other Exterior Features
Lighting
-
Parking
On Street, Paved, Alley Access
-
Patio and Porch Features
Deck
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
-
View
City, Street, Garden
Area & Lot
-
Lot Features
Cleared, Back Yard
-
Lot Size(acres)
0.23
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Colonial
Price
-
Sales Price
$154,900
-
Tax Amount
2789.0
-
Zoning
Commercial District Zoning with Residential Use
-
Sq. Footage
3, 166
-
Price/SqFt
$48
HOA
-
Association
No
School District
-
Elementary School
EASTERN
-
Middle School
E RUSSELL HICKS
-
High School
SOUTH HAGERSTOWN
Property Features
-
Stories
3
-
Foundation Details
Stone
-
Sewer
Public Sewer
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Location
County
WASHINGTON
Elementary School
EASTERN
Middle School
E RUSSELL HICKS
High School
SOUTH HAGERSTOWN
Listing Courtesy of Michael R Draper , Century 21 Market Professionals
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