CHARIS REALTY GROUP

Victorian

1301 VIRGINIA AVENUE

HAGERSTOWN , MD 21740

MLS#: MDWA2031564

$550,000

Status: Active
Listing number: MDWA2031564
Listing provided by: Keller Williams Realty Centre
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
Browse Properties
Main image without alt text

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1927

Sq.Footage

3,720

Great Investment Opportunity – 5-Unit Multi-Building Fully rented and cash-flowing. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units. Inside, you’ll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal. On top of strong current income, there’s plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income. This is a turn-key investment with upside potential in a sought-after rental market.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3720.0

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    On Street, Parking Lot

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.31

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Victorian

Price

  • Sales Price

    $550,000

  • Tax Amount

    3426.0

  • Sq. Footage

    3, 720

  • Price/SqFt

    $147

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Tax Lot

    24

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WASHINGTON

Elementary School

Middle School

High School

Listing Courtesy of Robert J Krop , Keller Williams Realty Centre

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent RichardNease

AGENT

RichardNease

Call Richard today to schedule a private showing.

(240) 672-2827

richard@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Great Investment Opportunity – 5-Unit Multi-Building Fully rented and cash-flowing. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units. Inside, you’ll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal. On top of strong current income, there’s plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income. This is a turn-key investment with upside potential in a sought-after rental market.

1301 VIRGINIA AVENUE

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 1 day ago
NORTH END OF HAGERSTOWN!!! NICE 6 UNIT APARTMENT BUILDING (POSSIBLY 7) 5 UNITS ARE RENTED AND 1 UNIT VACANT WITH A LITTLE WORK TO BE DONE. ALL TENANTS PAY FOR THIER OWN HEAT & ELECTRIC. ALL UNITS ARE BELOW MARKET VALUE. OWNER HAS CITY LICENSE AND ALL LEAD CERTIFICATES. THERE IS STREET PARKING AND REAR ALLEY PARKING WITH POSSIBLE OPTION TO BUILD A GARAGE...
#MDWA2032970

HAGERSTOWN

53 BROADWAY

5 Beds

None Baths

4,024 Sq.Ft.

$515,000

MLS#: MDWA2032970

Welcome to this well-maintained 4-unit property, an exceptional investment opportunity with a strong rental history! Fully renovated in 2022. Spacious apartments. Two 2-bedroom units and Two 1-bedroom units. All fully occupied and equipped with washer/dryer units. Monthly gross income is $4,620 for a total $55,440 in annual gross income! Many updates include a new roof, water heater, windows along with original artisan glass windows, updated kitchens with granite countertops, all new appliances, and Mitsubishi mini-split systems. Large basement with old coal bin and chute. Large attic space with windows. Additional rental income from the rear detached 2-car garage. Ample off-street parking space in rear lot. Tenants pay for all utilities. Electric metered separately. Spacious front porch. Each unit has its own rear patio space. Lead-free certification on all units. This property is an excellent addition to any real estate portfolio, offering reliable income and a stable investment. Don't miss out on this chance to own a valuable income-generating asset!
#MDWA2023544

HAGERSTOWN

39 E NORTH AVENUE

6 Beds

None Baths

3,703 Sq.Ft.

$525,000

MLS#: MDWA2023544

Prime Multi-Family Investment – High Income, Low Maintenance Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates. Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value. Located at the gateway to Hagerstown’s Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth—making it attractive to both local and out-of-town investors capitalizing on area revitalization. Turnkey, income-producing, and positioned for appreciation—don’t miss your chance to secure a high-performing asset in a prime location.
#MDWA2030872

HAGERSTOWN

505 W CHURCH STREET

10 Beds

None Baths

3,556 Sq.Ft.

$625,000

MLS#: MDWA2030872

Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation. Highlights: Fully occupied mixed-use property bringing in $4,000/month Ground-floor restaurant space with private ownership Four residential apartments on upper levels Separate utilities – tenants pay all Excellent visibility and foot traffic in revitalized downtown corridor Turnkey income producer – stable tenants and strong returns Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.
#MDWA2032518

HAGERSTOWN

200 E FRANKLIN STREET

5 Beds

None Baths

3,684 Sq.Ft.

$515,000

MLS#: MDWA2032518

Fantastic Investment Opportunity – Fully Rented 5-Unit Turnkey Building This well-maintained 5-unit property is a turnkey investment, fully rented with reliable long-term tenants. Current rents are significantly below market, offering excellent value-add potential through rent increases to market rates. The building features four 1-bedroom units and one 2-bedroom unit with an additional office/den. Off-street parking is available at the rear of the property. Unit Breakdown: Unit 16 (First Floor): Living room, dining room, kitchen, bedroom, and bathroom Unit 16 (Second Floor): Living room, dining room, kitchen, bedroom, bathroom, and office/den Unit 16 ½: Main level includes living room and kitchen; second level has bedroom and bathroom Unit 18 (First Floor): Living room, kitchen, bedroom, and bathroom Unit 18 (Second Floor): Living room, kitchen, bedroom, and bathroom (currently rented) With strong occupancy, room to grow income, and minimal upkeep needed, this is a great opportunity for both new and seasoned investors.
#MDWA2032918

HAGERSTOWN

16 S MULBERRY STREET

6 Beds

None Baths

4,316 Sq.Ft.

$600,000

MLS#: MDWA2032918

INVESTORS SPECIAL! Nice four unit building available in downtown Hagerstown! The building has two sides each with a 1/1 bath unit and a 2/1 bath unit! Well-maintained!! Off-Street parking!
#MDWA2031932

HAGERSTOWN

25 S LOCUST STREET

6 Beds

None Baths

3,548 Sq.Ft.

$445,000

MLS#: MDWA2031932

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service