THE HOLYFIELD TEAM @ NOVA PROS REALTY

524 Virginia Avenue & Adjacent Lot , Hagerstown, MD 21740

$240,000.00
  • 524 Virginia Avenue & Adjacent Lot , Hagerstown, MD 21740 Main Photo

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New to the Market ACTIVE
BEDS3 BATHS2 full SQUARE FEET2,050 MLS#MDWA2035346
STATUSACTIVE PROPERTY TYPEResidential - Single Family SCHOOLWASHINGTON COUNTY PUBLIC SCHOOLS

Property Description

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!

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Other, Outside Entrance, Walkout Stairs, Dirt Floor, Rear Entrance, Unfinished
Cooling: Window Unit(s), Ceiling Fan(s)
Days on Market: 1
Fuel Type: Electric
Garage: 3
Heating: Baseboard - Electric
Home Style: Colonial
Lot Size: 0.37 Acres
Roof Type: Architectural Shingle
Stories: 2.0
Taxes: $3,512
Year Built: 1890

Feature Descriptions

Accessibility: Level Entry - Main
Additional Structures: Above Grade, Below Grade
Appliances: Stove, Refrigerator
Electric: 100 Amp Service
Exterior: Brick, Masonry, Stick Built
Exterior: Bump-outs
Flooring: Hardwood, Laminated, Carpet
Interior: Attic, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional
Location: Suburban
Lot: Additional Lot(s), Backs to Trees, Cleared, Front Yard, Landscaping, Not In Development, Road Frontage, Secluded, SideYard(s), Subdivision Possible, Trees/Wooded
Lot Dimensions: 0.37 Acre(S)
Municipality: Hagerstown
Number of Rooms: 13
Parking Features: Asphalt Driveway, Private, Paved Parking
Parking Notes: 13 Total Parking Spaces
Rooms: Living Room, Bedroom 2,Kitchen, Foyer, Bedroom 1,Primary Bathroom
Sewer: Public Sewer
Special View Info: Park/Greenbelt, Garden/Lawn, Lake, Trees/Woods, Scenic
SQFT Above Finished: 2050
SQFT Total Finished: 2050
Structure Type: Detached
Total Garage/Parking Spaces: 13
Utilities: Natural Gas Available, Electric Available, Cable TV Available, Phone Available, Under Ground
Water: Public
Windows: Wood Frame
Wooded: Yes

Local Schools

High School: SOUTH HAGERSTOWN SR
School District: WASHINGTON COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: The Glocker Group Realty Results
Agency Phone: 3017454400

Shown By

Agency Name: THE HOLYFIELD TEAM @ NOVA PROS REALTY
Agent Name: THE HOLYFIELD TEAM @ NOVA PROS REALTY
Agent Phone: Primary: (703) 855-2886

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Estimated Payment

$ 1,317.33 per month $954.67 Principal & Interest $292.67 Property Tax $70.00 Homeowner's Insurance

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