$325,000
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724 Salem Avenue Hagerstown, MD 21740 Municipality: Hagerstown
Single Family
Residence
Beds
Baths
Sq. Ft.
0.09
Acre
Lot
Property Activity
Time on Site
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Well-maintained three unit investment property for sale! Unit mix is comprised of a 2 bed-1.5 bath, 1 bed-1 bath and efficiency unit plus a detached garage. There was a fire in the building in February 2024 and renovations have been underway to include the common area and the upstairs 2 bedroom unit..., which have been completed. The efficiency is currently being renovated now and is expected to deliver Fall 2024. The one bedroom & two bedroom, apartments are currently leased. Expected gross rental revenue is approx. $32k+ per year. Tenants pay electric and baseboard heat, which is separately metered. Upper rubber roof was replaced in 2019 and several windows were replaced in 2024. Energy efficient baseboard heaters were installed in 2021. Building can be delivered with property management in place.
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MLS#
MDWA2023988
Property Type
Single Family
Year Built
1894
Price per Sq. Ft.
$151.37
Lot Size
0.09
Sewer
Public Sewer
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