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$130,000
$154,900
16.1%For more information regarding the value of a property, please contact us for a free consultation.
121 E FRANKLIN ST Hagerstown, MD 21740
3,166 SqFt
Key Details
Sold Price $130,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,166 sqft
Price per Sqft $41
Subdivision Downtown Hagerstown
MLS Listing ID MDWA2000225
Sold Date 03/29/22
Style Colonial
Abv Grd Liv Area 3,166
Originating Board BRIGHT
Year Built 1873
Annual Tax Amount $2,789
Tax Year 2020
Lot Size 10,215 Sqft
Acres 0.23
Property Description
Four unit apartment building available. 2 units were recently renovated and 2 units are in need of complete renovation. The property is being sold as-is and does need work. Apartment #3 is renovated and currently unoccupied. Apartment #4 was recently renovated and is currently tenant occupied. Apartment #2 & #1 had demolition started and remain in an unfinished state. The property includes three 1 bedroom units and one 2 bedroom unit. Each unit has it's own electric hot water heater, central air, central heating and is meter separately for electric. Water/sewer are common to the entire building. The owner has relocated and no longer has interest in finishing the renovations to this building, which is why it's being sold as-is. Apartment #4 rents at $750 and Apartment #3 was previously rented at $675. Tenants pay all their own utilities except water/sewer. Once Apartment #1 & #2 are renovated we project the rents to be $675 for Apt 2 and $995 for Apt 1. Total projected income once the two remaining units are renovated would equal $37,140 annually. Lead paint inspections rental licenses are available for apt 3 & 4.
Location
State MD
County Washington
Zoning CCMU
Rooms
Basement Connecting Stairway, Full, Unfinished
Interior
Interior Features Carpet, Ceiling Fan(s), Kitchen - Eat-In, Kitchen - Galley
Hot Water Electric
Heating Forced Air, Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C, Heat Pump(s)
Flooring Carpet, Hardwood, Vinyl
Equipment Oven/Range - Electric, Refrigerator
Fireplace N
Appliance Oven/Range - Electric, Refrigerator
Heat Source Electric
Exterior
Exterior Feature Deck(s)
Waterfront N
Water Access N
View City, Garden/Lawn, Street
Roof Type Asphalt,Rubber
Street Surface Paved
Accessibility None
Porch Deck(s)
Road Frontage State
Parking Type Alley, On Street
Garage N
Building
Lot Description Cleared, Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Unfinished Walls
New Construction N
Schools
Elementary Schools Eastern
Middle Schools E Russell Hicks
High Schools South Hagerstown
School District Washington County Public Schools
Others
Tax ID 2222012320
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Sarah A. Reynolds • Keller Williams Chantilly Ventures, LLC