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Located at 724 Salem Ave, Hagerstown, Maryland 21740, this Triplex is for Sale with a price of $325,000 USD. The property was built in 1894, includes 2 bedrooms,. This listing has 4,092 Sq.Ft. of interior space. See all Homes for Sale in Hagerstown.
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MarylandHagerstown724 Salem Ave
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724 Salem Ave
Hagerstown, MD 21740

$325,000
Sale Under Contract
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Description

724 Salem Ave,

Hagerstown, MD 21740

Well-maintained three unit investment property for sale! Unit mix is comprised of a 2 bed-1.5 bath, 1 bed-1 bath and efficiency unit plus a detached garage. There was a fire in the building in February 2024 and renovations have been underway to include the common area and the upstairs 2 bedroom unit, which have been completed. The efficiency is currently being renovated now and is expected to deliver Fall 2024. The one bedroom & two bedroom, apartments are currently leased. Expected gross rental revenue is approx. $32k+ per year. Tenants pay electric and baseboard heat, which is separately metered. Upper rubber roof was replaced in 2019 and several windows were replaced in 2024. Energy efficient baseboard heaters were installed in 2021. Building can be delivered with property management in place.
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: Berkshire Hathaway HomeServices Homesale Realty via Data Source: Bright MLS 
2
Bedrooms
$325,000
Change Currency
$79
Price Per Sqft
$2,746
Annual taxes
Triplex
Property type
1894
Year Built
12880235
Web Id
2762683-MDWA2023988
MLS ID
80
Days Posted

Price History

datepricevariancetype
10/18/2024$325,000-Contract
9/3/2024$325,000-Listed
listing agent: Taylor Bowen
4,092 Sq Ft.
interior
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