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80
Photos
1111 SALEM AVENUE, Hagerstown, MD 21740
$499,000 Asking Price
$---/mo Est. Payment Get Prequalified »
8
beds
5
baths
4,034
sqft
Built in
1929
Welcome to an exceptional investment opportunity in the heart of Hagerstown, Maryland! This unique property features two separate buildings, comprising a total of four rental units. Each unit is designed to maximize comfort and functionality, ensuring a steady stream of rental income. With a combined total of 9 bedrooms and 5 bathrooms, this property promises significant rental potential and a versatile layout to suit various tenant needs. The property includes two well-maintained buildings, each housing multiple units. This setup offers flexibility and a strong rental yield .The spacious units provide a total of 9 bedrooms and 5 bathrooms, accommodating larger groups or families and enhancing rental appeal. Currently collecting rental income from all units, this property offers immediate cash flow with potential for rental growth.Situated in a desirable area, the property benefits from proximity to local amenities, schools, parks, and transportation options, making it attractive to tenants.The property features ample outdoor space for tenants, whether for leisure, gardening, or additional parking needs.Contact us today to schedule a viewing and see firsthand the value and potential this property has to offer!
Features & Amenities
Interior
- Basement:
- Connecting Stairway,Fully Finished,Full
- A/C:
- Central A/C
- Heating:
- Y, Central, Electric
- Fireplace:
- Fireplace, Fireplaces: 1
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Colonial,Dwelling w/Separate Living Area
Construction
- General:
- Brick, 4, Other
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WASHINGTON COUNTY PUBLIC SCHOOLS
- County:
- WASHINGTON
Lot
- Zoning:
- RMOD, 2225023501
- Current Use:
- R
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Redfin Corp, John P Ippolito
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Hagerstown, MD
Housing
- Number of Units
- 42,511
- Median Home Value
- $214,309
- Median Rent
- $792
41.40% of housing units are renter occupied.
7.88% are vacant.
Commute
- Car
-
72.97%
- Public Transportation
-
1.65%
- Walk to Work
-
1.97%
- Work from Home
-
22.60%
- Other
-
0.68%
The median travel time to work is 22 minutes.
People
- Population
- 100,296
- Median Age
- 39.60
- Median Household Size
- 2.60
Education
- High School
-
34.30%
- Associate’s Degree
-
7.95%
- Bachelor’s Degree
-
13.93%
- Graduate Degree
-
9.16%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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