39 E NORTH Ave Hagerstown, MD 21740

Building Details

Year Built

1900

Listing Agency Keller Williams Premier Realty m***@thellewellyngroup.com Show Phone

Listed by Mary E Llewellyn · License #525987 Show Phone

Source Elliman

Added: Mar 11 Checked: Jul 16 at 8:10 am

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Investment Insights

Based on property information with market context.

This well-maintained four-unit property presents an investment opportunity with a strong rental history. The property was fully renovated in 2022 and includes two 2-bedroom units and two 1-bedroom units, each equipped with washer and dryer units. The property generates a monthly gross income of $4,770, totaling $57,240 annually. Updates include a newer roof, water heater, windows, updated kitchens with granite countertops, new appliances, and Mitsubishi mini-split systems. Original artisan glass windows have been retained. The property features a large basement with an old coal bin and chute, as well as a large attic space with windows. Additional rental income is generated from the rear detached 2-car garage. Ample off-street parking is available in the rear lot. Tenants are responsible for all utilities, and electric is metered separately. The property includes a spacious front porch, and each unit has its own rear patio space. All units have lead-free certification. This property is an excellent addition to any real estate portfolio, offering reliable income and a stable investment.

Key Highlights

• Strong income‑generating property with $57,240 annual gross income.
• Fully renovated in 2022.
• Four units: Two 2‑bedroom and Two 1‑bedroom apartments.

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FAQs

What type of property is this?

Quadplex - Well-maintained, renovated four-unit property with strong rental history.

Where is this quadplex located?

The property is located at 39 E NORTH Ave Hagerstown, MD.

What is the asking price?

The asking price for this property is $465,000.

What are key features of this property?

This property features: Strong income‑generating property with $57,240 annual gross income.; Fully renovated in 2022.; Four units: Two 2‑bedroom and Two 1‑bedroom apartments.