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235 Locust St, Hagerstown, MD 21740

$149,900
: 2
BD
: 2
BA
: 1,996
SqFt

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List Price: $149,900
Status: ACTIVE
MLS#: MDWA2040714
Bedrooms: 2
Bathrooms: 2
Full Baths: 2
Living Area: 1,996
Lot Size (Acres): 0.11
Style: Other
Year Built: 1917
County: Washington
School District: Washington County Public Schools

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Property Description

Two-unit investment opportunity with strong value-add potential located at 235 S Locust St in Hagerstown, MD. This vacant two-unit property features a solid, long-term rental history and is positioned to generate up to $2,000 per month in total gross rental income ($24,000 annually). Unit 1 (lower level) offers a kitchen, full bathroom, two main rooms, and direct access to a finished room in the basement. Unit 2 (upper level) includes a kitchen, full bathroom, two main rooms, access to additional attic space, and an upper deck with egress. Fenced backyard providing small outdoor space for tenants. The property is being sold strictly as-is and is suitable for cash or conventional financing only. Ideal addition to a buy-and-hold portfolio or a quick repositioning project to capitalize on Hagerstown's active rental market demand.

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Additional Information

Subdivision: City Of Hagerstown
Building Name: Historic Area
School District: Washington County Public Schools
Heating: Electric Baseboard
Cooling: None
Roof: Asphalt
Utilities: None
Water: Public
Sewer: Public Sewer
Basement: Other, Walkout Stairs, Partial