$550,000 Price Analysis    ♡   Hagerstown, MD 21740 6 bed None bath 3,720 SqFt ($147/SqFt) 0.31 acre lot. Built 1927 Listed 2023-11-13, Taxes $3,299 | Ⓧ USDA Ineligible due to location near Doubs Mill |
We are delghted to present 1301 Virginia Ave
* No Longer For Sale *
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Hagerstown, MD, as a compelling investment opportunity. This property embodies the promise of a strategic real estate investment. Here's a comprehensive investment summary to help you understand the potential benefits of this offering: 1301 Virginia Ave is a well-maintained, historic Victorian multi-family property, exuding charm and character. The property features five roomy one-bedroom, one-bath apartments, meticulously designed for multi-family living. It boasts a solid foundation of stone and masonry and all windows have been upgraded to modern double-hung vinyl windows. Key Property Attributes: Captivating architecture with a wrap-around porch, adding to its curb appeal.
Convenient amenities su ch as walk-up steps and rear/side porches and stairwells. A well-maintained site, including concrete walkways, lawns, minor landscaping and a paved parking lot with space for four vehicles and three garages. Investment Potential: Strong rental rates and favorable market conditions with one of the industry's lowest vacancy rates, ensuring a steady income stream. Substantial potential for increasing rental income across all units without major property improvements. Situated in a sought-after location near the Valley Mall and Hagerstown Outlets, enhancing its appeal to potential tenants. Location Highlights: The northwest location of Hagerstown provides convenient access to major transportation routes, making it an attractive and accessible choice. The surrounding area supports multi-family properties, thanks to its diverse and financially capable population. Close proximity to retail and shopping, ensuring residents have easy access to a variety of amenities.
Presented by Krystal Stewart at
Rg Realty, Inc.
Property MLS #MDWA2018840 from BrightMLS
Heating Features: Hot Water
Heating: Yes
Lot Size Square Feet: 13500
Parking Features: Parking Garage Spaces: 4, Parking Garage, Parking Lot
Parking Total: 4
Number of 1 Bedroom Units: 4
Number of 2 Bedroom Units: 1
Map directions Map directions Map directions Map directionsSource Listing Status: Closed
County: WASHINGTON
Source Property Type: Multi-Family
Area: WASHINGTON
Source Neighborhood: WASHINGTON
Postal Code Plus 4: 7200
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $218,700 + $100,000 $318,700 | $3,299 |
| 2021 | $218,700 + $100,000 $318,700 | $3,378 |
| 2020 | $218,700 + $100,000 $318,700 | $3,363 |
| 2019 | $unknown + $unknown $314,733 | $3,336 |
| 2018 | $unknown + $unknown $310,767 | $3,294 |
| 2017 | $206,800 + $100,000 $306,800 | $3,252 |
| 2016 | $unknown + $unknown $268,767 | $2,848 |
| 2015 | $unknown + $unknown $230,733 | $2,445 |
| 2014 | $92,700 + $100,000 $192,700 | $2,042 |
| 2013 | $unknown + $unknown $192,700 | $2,042 |
| 2012 | $unknown + $unknown $22,900 | $2,042 |
| 2011 | $unknown + $unknown $194,000 | $2,056 |
| 2010 | $unknown + $unknown $296,400 | $3,141 |
| 2009 | $unknown + $unknown $296,400 | $3,141 |
| 2008 | $unknown + $unknown $287,170 | $3,044 |
$482,500
BrightMLS
Listed 2023-11-13
$550,000
BrightMLS
Sold 2021-08-19
$660,000
Public Record
Listing removed 2020-01-02
$0
BrightMLS
Listed 2019-07-11
$285,000
BrightMLS
Listing removed 2019-05-16
$0
BrightMLS
Relisted 2018-12-04
$262,000
BrightMLS
Listing removed 2018-12-02
$0
BrightMLS
Listing removed 2017-10-24
$345,000
MRIS
Listed 2017-07-06
$345,000
BrightMLS
Listed 2017-07-06
$345,000
MRIS
Listing removed 2016-05-01
$355,000
MRIS
Listed 2015-10-29
$355,000
MRIS
Sold 2008-08-04
$300,000
Public Record
Sold 2001-03-01
$165,000
Public Record
Sold 1987-07-14
$150,000
Public Record
Sold 1984-08-14
$175,000
Public Record
Year Built: 1927
Construction Materials: Brick
Property Age: 97
Structure Type: Detached
House Style: Victorian
Architectural Style: Detached
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.