724 Salem Avenue, Hagerstown MD 21740 (Off Market)

For Sale, USD 325,000


724 Salem Avenue, Hagerstown MD 21740,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 2,147 ft² / 199 m²

Land Size : N/A

Bedroom : 2

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

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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724 Salem Avenue, Hagerstown MD 21740, United States,Maryland,Hagerstown is a 2,147ft² Hagerstown luxury Multi-Family Home listed for sale USD 325,000. This high end Hagerstown Multi-Family Home is comprised of 2 bedrooms and 0 baths. Find more luxury properties in Hagerstown or search for luxury properties for sale in Hagerstown.