NOT LISTED FOR SALE

201 Franklin 201-203 St E Hagerstown, MD 21740

-- Bed
-- Bath
7,370 Sq Ft
3,602 Sq Ft Lot

Last Sold October 27, 2016

Last sale price $359,900 $49 Per Sq Ft

590 Days on Market

Highlights

  • Deck
  • Porch
  • Baseboard Heating
  • No HOA
  • Intercom

About This Home

As of October 2016

Well-maintained 8 unit building FOR SALE. Property consists of 4 three bedroom units and 4 one bedroom units. All units are separately metered for electric which includes heat. Roof was recoated in 2012. All units have replacement windows. Coin-op laundry room added in 2011. Appliances are less than 10 years old. Located on the corner of E Franklin St and Mulberry St.

Last Agent to Sell the Property

Taylor Bowen

(301) 745-1623 taylor@bowencommercial.com Berkshire Hathaway HomeServices Homesale Realty License #WV0028038 Listed on: 12/23/2014

Berkshire Hathaway HomeServices Homesale Realty

Last Buyer's Agent

Jody Bell

(240) 674-3937 jody.bell@cbrealty.com Coldwell Banker Realty License #657917

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1885

Lot Details

  • 3,602

Home Design

  • Bump-Outs
  • Brick Exterior Construction

Kitchen

  • Oven
  • Stove
  • Freezer

Parking

  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

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

Additional Features

  • Front and Rear Basement Entry
  • 3,602 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2222010263

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Income includes laundry
  • Operating Expense $19,822
  • Net Operating Income $23,926

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,866

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Freezer, Intercom, Oven - Single, Refrigerator, Stove
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Front Entrance, Rear Entrance
  • Price Per Sq Ft: 52.78

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Bump-Outs, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 280000.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.08
  • Lot Size Area: 3602
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3602.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Possible Use: Residential
  • Zoning: CCMU
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11621881
  • Tax Annual Amount: 5865.60
  • Assessor Parcel Number: 2222010263
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Gross Income: 43748.63
  • Income Includes: Laundry
  • Metering: Electric Separate
  • Operating Expense: 19822.42
  • Vacancy Allowance Rate: 25.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
10/27/2016 10/27/16 Sold $359,900 -7.5% $49 / Sq Ft
10/17/2016 10/17/16 For Sale $389,000 -7.4% $53 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
12/23/2014 12/23/14 For Sale $420,000 -- $57 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Taylor Bowen

    Seller's Agent in 2016

    Taylor Bowen

    Berkshire Hathaway HomeServices Homesale Realty

    (301) 745-1623

    46 Total Sales

    Taylor Bowen
    Section Image
  • Jody Bell

    Buyer's Agent in 2016

    Jody Bell

    Coldwell Banker Realty

    (240) 674-3937

    38 Total Sales

    Jody Bell
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003281468

Bright MLS
Maryland Franklin County Hagerstown 17225

201 Franklin 201-203 St E, Hagerstown, MD

Not Listed for Sale

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