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$440,000
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Property Description
Great value add and opportunity for all investors! We have a brick 4 unit property available now, currently managed by a professional Property Management company! 2 units are a 2 bed and 1.5 bath and the other 2 are a 2 bed and 1 bath. 3/4 units have been completely rehabbed down to the studs! All electric services have been upgraded, new framing, new insulation, new drywall, new trim, new cabinets, new countertops, tile bathroom and kitchen floors, new LVP flooring and some new windows! The unit that has not been rehabbed has been tenant occupied since the owner purchased the property. Plus this property has a large garage in the rear, that could be rented out for additional rental income! Total monthly market rent is $4,800 for the 4 units, not including the opportunity for renting the garages. Currently has 3/4 tenants, 124 is paying $1,150, 126 is vacant, 128 is paying $1,133 and 128 1/2 is paying $1,150. The seller is leaving one unit vacant for a potential to house hack this property! 126 needs very minor repairs to be rent ready. Schedule your showing before this quad this gone!
Full Property Details
Full Property Details for 124 Locust 124-128 1/2 St
General
- Sold For: $440,000
- Taxes: $3,330 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2023288
- Added to Site: 159 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Type: Detached Garage, Off Street, On Street
- Garage Description: Garage - Front Entry, Garage - Side Entry
Location
- Municipality: Hagerstown
- County: Washington
- Driving Directions: Use GPS
- City Limits: Yes
School Information
- School District: Washington County Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Baseboard - Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Foundation: Other
- Stories/Levels: 0
- Square Feet: 4,424
- Sq. Ft. Source: Assessor
- Living Area: 3,920 Sq. Ft.
- Year Built: 1905
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,900
- Lot Size Source: Assessor
- Zoning: RO
Financial Considerations
- Price Per Sq. Ft.: $114.77
- Assessment Year: 2024
- City/TownTax: $1,740
- City/TownTax Freq: Annually
- County Tax: $1,590
- County Tax Freq: Annually
- Tax w/Assessment: $196,967
- Tax Amount: $3,330
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3920
Disclosures and Reports
- Ownership: Fee Simple
Listed by Burch Real Estate Group, LLC, Andrew Peters
Sold by Tia Realty. LLC, Shakira Maxi Huamani
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Schools
Schools serving 124 Locust 124-128 1/2 St
School District:Washington County Public Schools, Williamsport, MD
Rating | Name | Grades | Distance |
---|---|---|---|
385 Mill St, Hagerstown, MD 21740 | PK-5 | 0.4 mi | |
1321 S Potomac St, Hagerstown, MD 21740 | 6-8 | 1.8 mi | |
1101 S Potomac St, Hagerstown, MD 21740 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Locust 124-128 1/2 St
Date
Details
Price
Change
Source
11/12/2024
Sold
$440,000
-2.2%
MLS
7/21/2024
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 Locust 124-128 1/2 Street, Hagerstown, MD 21740 (MLS# MDWA2023288) is a Multi-Family property that was sold at $440,000 on November 12, 2024. Want to learn more about 124 Locust 124-128 1/2 Street? Do you have questions about finding other Multi-Family real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.