13242-13244 GREENSBURG Road, Smithsburg, MD 21783
MULTI_FAMILY - Ranch - SMITHSBURG, MD
- Added:
- Jun 7, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 9 at 5:06 pm
Property Features for 13242-13244 GREENSBURG Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking
- 1
- Parking features
- Driveway, Garage - Attached
- Fireplace
- 1
- Appliances
- Built-In Microwave, Cooktop, Dishwasher, Oven/Range - Electric, Refrigerator, WaterHeater
- Standard status
- Active
- Size
- 3,773 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4191
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1965
- Number of units
- 2
- Architectural style
- Ranch
Listing agent Loretta Lynn Ober License #RSR005623 (301) 606-3595
Listing office Real Estate Innovations 1850 Dual Highway, Hagerstown, MD (301) 745-1500
Listing date Jun 7, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1.24‑acre property in Smithsburg with three residential units: a rancher plus a duplex
- 3‑bedroom ranch home with attached garage, mudroom, full bath, and fireplace; kitchen includes granite countertops
- Updates reported on the ranch home include a new HVAC system and updated water heater
- Duplex features two 2‑bedroom, 1‑bath apartments, each with a dining area and dedicated laundry room
- One duplex unit has been recently renovated
- Parking includes an attached garage and driveway; property built in 1965 (ranch style)
Overview
The property is accessed via a long driveway and the home sits back from the road, providing added privacy and a setting surrounded by scenic countryside. The listing also notes mountain views, and proximity to schools, parks, shopping, dining, and major commuter routes.
Designed for flexible occupancy and rental use, the layout supports a combination of owner-occupant and tenant scenarios: one household can be housed in the renovated rancher while the duplex units can operate as additional income-producing residences. With multiple independently sized apartments and recent mechanical and interior updates, the property offers a practical way to manage a multi-unit living arrangement under one ownership structure.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.1k | $16.20 |
| − Vacancy | −$4.6k | −$1.22 |
| EGI | $56.5k | $14.99 |
| − OpEx | −$17.0k | −$4.50 |
| NOI | $39.6k | $10.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Smithsburg
- County
- Washington
- State
- Maryland
- Longitude
- -77.56238
- Latitude
- 39.67906
