$440,000
SOLD NOV 12, 2024

124 Locust 124-128 1 2 St Hagerstown, MD 21740

South End Neighborhood
-- Bed
-- Bath
3,920 Sq Ft
8,900 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Colonial Architecture
  • 3 Car Detached Garage
  • Hot Water Baseboard Heater
  • Emma K. Doub Elementary School Rated A-
  • Electric Baseboard Heater

About This Home

As of November 2024

Great value add and opportunity for all investors! We have a brick 4 unit property available now, currently managed by a professional Property Management company! 2 units are a 2 bed and 1.5 bath and the other 2 are a 2 bed and 1 bath. 3/4 units have been completely rehabbed down to the studs! All electric services have been upgraded, new framing, new insulation, new drywall, new trim, new cabinets, new countertops, tile bathroom and kitchen floors, new LVP flooring and some new windows! The unit that has not been rehabbed has been tenant occupied since the owner purchased the property. Plus this property has a large garage in the rear, that could be rented out for additional rental income! Total monthly market rent is $4,800 for the 4 units, not including the opportunity for renting the garages. Currently has 3/4 tenants, 124 is paying $1,150, 126 is vacant, 128 is paying $1,133 and 128 1/2 is paying $1,150. The seller is leaving one unit vacant for a potential to house hack this property! 126 needs very minor repairs to be rent ready. Schedule your showing before this quad this gone!

Last Agent to Sell the Property

Drew Peters

(240) 586-0142 realtordrew3@gmail.com Burch Real Estate Group, LLC License #RSR004251 Listed on: 07/21/2024

Last Buyer's Agent

Shakira Huamani

(240) 731-9913 shakiramhuamani@gmail.com Tia Realty. LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1905

Lot Details

  • 8,900 Sq Ft Lot

Parking

  • 3 Car Detached Garage
  • Front Facing Garage
  • Side Facing Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2217006401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,330

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Automatically Close On Close Date: No
  • Remarks Public: Great value add and opportunity for all investors! We have a brick 4 unit property available now, currently managed by a professional Property Management company! 2 units are a 2 bed and 1.5 bath and the other 2 are a 2 bed and 1 bath. 3/4 units have been completely rehabbed down to the studs! All electric services have been upgraded, new framing, new insulation, new drywall, new trim, new cabinets, new countertops, tile bathroom and kitchen floors, new LVP flooring and some new windows! The unit that has not been rehabbed has been tenant occupied since the owner purchased the property. Plus this property has a large garage in the rear, that could be rented out for additional rental income! Total monthly market rent is $4,800 for the 4 units, not including the opportunity for renting the garages. Currently has 3/4 tenants, 124 is paying $1,150, 126 is vacant, 128 is paying $1,133 and 128 1/2 is paying $1,150. The seller is leaving one unit vacant for a potential to house hack this property! 126 needs very minor repairs to be rent ready. Schedule your showing before this quad this gone!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 4424
  • Living Area Sq Ft: 3920
  • Price Per Sq Ft: 114.77
  • Above Grade Finished Sq Ft: 3920
  • Below Grade Sq Ft: 504
  • Total Below Grade Sq Ft: 504
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 124

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage - Side Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8900.00
  • Year Assessed: 2024
  • Zoning: RO
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3330.00
  • Assessor Parcel Number: 2217006401
  • Tax Total Finished Sq Ft: 3920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/12/2024

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $440,000 -2.2% $112 / Sq Ft
07/21/2024 07/21/24 For Sale $449,900 -- $115 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2023288

Bright MLS