39 E North Ave Hagerstown, MD 21740
Central NeighborhoodEstimated payment $3,075/month
Highlights
- Colonial Architecture
- Porch
- Wall Furnace
- 2 Car Detached Garage
- Ductless Heating Or Cooling System
About This Home
Welcome to this well-maintained 4-unit property, an exceptional investment opportunity with a strong rental history! Fully renovated in 2022. Spacious apartments. Two 2-bedroom units and Two 1-bedroom units. All equipped with washer/dryer units. Monthly gross income is $4,770 for a total $57,240 in annual gross income! Many updates include a newer roof, water heater, windows along with original artisan glass windows, updated kitchens with granite countertops, all new appliances, and Mitsubishi mini-split systems. Large basement with old coal bin and chute. Large attic space with windows. Additional rental income from the rear detached 2-car garage. Ample off-street parking space in rear lot. Tenants pay for all utilities. Electric metered separately. Spacious front porch. Each unit has its own rear patio space. Lead-free certification on all units. This property is an excellent addition to any real estate portfolio, offering reliable income and a stable investment. Don't miss out on this chance to own a valuable income-generating asset!
Listing Agent
(301) 745-4450 mdaniels@kw.com The KW Collective Brokerage Phone: 3017454450 License #525987 Listed on: 08/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,083
Year Built
- Built in 1900
Parking
- 2 Car Detached Garage
- Alley Access
- Rear-Facing Garage
- On-Street Parking
Home Design
- 3,703 Sq Ft Home
- Quadruplex
- Colonial Architecture
- Shingle Roof
- Asphalt Roof
- Stucco
Basement
- Exterior Basement Entry
- Dirt Floor
Schools
- Pangborn Elementary School
- Northern Middle School
- North Hagerstown High School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Electric Water Heater
Additional Features
- Porch
- 10,080 Sq Ft Lot
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 2222015966
Community Details
Overview
- 4 Units
- 2-Story Building
Building Details
- Gross Income $57,240
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,416 | $277,700 | $70,500 | $207,200 |
| 2024 | $2,416 | $265,167 | $0 | $0 |
| 2023 | $2,312 | $252,633 | $0 | $0 |
| 2022 | $2,187 | $240,100 | $70,500 | $169,600 |
| 2021 | $2,139 | $207,300 | $0 | $0 |
| 2020 | $1,624 | $174,500 | $0 | $0 |
| 2019 | $1,325 | $141,700 | $70,500 | $71,200 |
| 2018 | $1,462 | $141,700 | $70,500 | $71,200 |
| 2017 | $1,343 | $141,700 | $0 | $0 |
| 2016 | -- | $143,600 | $0 | $0 |
| 2015 | $3,986 | $138,733 | $0 | $0 |
| 2014 | $3,986 | $133,867 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | Price Changed | $500,000 | -4.8% | $135 / Sq Ft |
| 11/20/2025 11/20/25 | Price Changed | $525,000 | -8.7% | $142 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $575,000 | -4.2% | $155 / Sq Ft |
| 04/08/2025 04/08/25 | Price Changed | $599,900 | -1.6% | $162 / Sq Ft |
| 12/04/2024 12/04/24 | Price Changed | $609,900 | -6.2% | $165 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $650,000 | -3.7% | $176 / Sq Ft |
| 08/05/2024 08/05/24 | For Sale | $675,000 | -- | $182 / Sq Ft |
Source: Bright MLS
MLS Number: MDWA2023544
APN: 22-015966
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