$200,000

11 Methodist Ave Hancock, MD 21750

Estimated payment $1,218/month

Total Views 10,189
-- Bed
-- Bath
1,692 Sq Ft
$118 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • 1-minute walk to Western Maryland Rail Trail

About This Home

This multiunit rental property offers a great investment opportunity with two separate two-bedroom, one-bath units, both currently rented and generating income. The home has a newer roof, which the seller believes was installed within the last ten years, and the interior has been recently updated. Electric baseboard heating provides consistent comfort, while off-street parking adds convenience for tenants. The property also features a nice-sized lawn, offering outdoor space to enjoy. Located just half a block from Main Street, it is within walking distance to shopping, the Western Maryland Rail Trail, the C&O Canal, and the Potomac River boat launch. With its desirable location and solid rental history, this property is an excellent addition to any investment portfolio.

Listing Agent

Eric Exline

Roger Fairbourn Real Estate License #5001172 Listed on: 02/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1919

Lot Details

  • 3,708 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Crawl Space

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Hancock Elementary School
  • Hancock Middle Senior High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 2205007135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,357

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-02-06
  • Year Built: 1919
  • Remarks Public: This multiunit rental property offers a great investment opportunity with two separate two-bedroom, one-bath units, both currently rented and generating income. The home has a newer roof, which the seller believes was installed within the last ten years, and the interior has been recently updated. Electric baseboard heating provides consistent comfort, while off-street parking adds convenience for tenants. The property also features a nice-sized lawn, offering outdoor space to enjoy. Located just half a block from Main Street, it is within walking distance to shopping, the Western Maryland Rail Trail, the C&O Canal, and the Potomac River boat launch. With its desirable location and solid rental history, this property is an excellent addition to any investment portfolio.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 1692
  • Price Per Sq Ft: 118.20
  • Above Grade Finished Sq Ft: 1692
  • Below Grade Sq Ft: 840
  • Total Below Grade Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Elementary School: HANCOCK
  • Middle School: HANCOCK MIDDLE SENIOR HIGH SCHOOL
  • High School: HANCOCK MIDDLE SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138761341
  • School District Source: 3rd Party
  • Elementary School: HANCOCK
  • High School: HANCOCK MIDDLE SENIOR
  • Middle Or Junior School: HANCOCK MIDDLE SENIOR HIGH SCHOOL

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3708.00
  • Year Assessed: 2024
  • Zoning: U
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1357.00
  • Assessor Parcel Number: 2205007135
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1692
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $861 $94,533 $0 $0
2023 $698 $76,600 $21,200 $55,400
2022 $696 $76,367 $0 $0
2021 $712 $76,133 $0 $0
2020 $707 $75,900 $21,200 $54,700
2019 $710 $75,900 $21,200 $54,700
2018 $710 $75,900 $21,200 $54,700
2017 $724 $77,400 $0 $0
2016 -- $77,400 $0 $0
2015 -- $77,400 $0 $0
2014 $832 $78,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 For Sale $200,000 -- $118 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,500 Negative Amortization
Closed $36,000 No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: MDWA2026818

Bright MLS

APN: 05-007135