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713-715 Medway Rd, Hagerstown, MD, 21740

4beds
2baths
2,482sqft
$381,900
$154price/sqft
$2,649/moest. monthly cost
$105,960/yrincome needed

About This Home

Location, Location, Location!! This versatile residence offers a unique blend of comfort and potential, making it an ideal addition to any investment portfolio. With multiple units, this property is designed to maximize rental income while providing tenants with a warm and inviting atmosphere. Each unit boasts spacious layouts, allowing for comfortable living and easy maintenance. The thoughtful design ensures that every corner of the property is utilized efficiently, creating a harmonious living environment that tenants will love to call home. Investors will appreciate the low management costs, as the owner currently covers management and real estate taxes, streamlining operations and enhancing profitability. The property's strategic location offers easy access to local amenities, ensuring high demand from prospective tenants. With a growing community nearby, the potential for rental increases and property appreciation is significant. The exterior of the property is well-maintained, providing a welcoming first impression. Ample parking ensures convenience for residents, while the surrounding area offers a variety of recreational and lifestyle options, making it an attractive choice for renters. With the right management and marketing strategies, you can capitalize on the current rental market trends and maximize your return on investment. Whether you're a seasoned investor or just starting out, this property presents a unique opportunity to build wealth while providing quality housing. You can also live in one unit and rent the other, and essentially living rent free. Don't miss your chance to invest in a property that combines comfort, convenience, and cash flow potential. Schedule a viewing today and envision the possibilities that await! Dowstair unit (713) is rented. Upstair unit is vacant. New roof 2023, and new HVAC for both units 2024. Owner is real estate agent.

Getting Around

54
WalkingSomewhat Walkable
16
TransitMinimal Transit
56
BikeBikeable

Schools

5/10
7/10
Northern Middle SchoolGrades 6-81.6 mi
6/10

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Concrete Perimeter
  • Roof: Architectural Shingle
  • Construction materials: Brick Front,Asphalt,Vinyl Siding,Advanced Framing

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 200

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,582
  • Total interior livable area: 2,482 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2222014943
  • Zoning: RMOD
  • Special condition: Standard

Features

  • Levels: Bi-Level
  • Pool features: None

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Rear,Garage Door Opener,Asphalt,Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes