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127 E Lee St, Hagerstown, MD, 21740

2beds
1baths
1,008sqft
$129,900
$129price/sqft
$1,081/moest. monthly cost
$43,240/yrincome needed

About This Home

Turnkey investment opportunity with immediate cash flow! Calling all investors! *** This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. *** The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. *** Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. **** Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. *** Priced to sell—don’t miss this opportunity!

Getting Around

78
WalkingVery Walkable
26
TransitSome Transit
64
BikeBikeable

Schools

5/10
Bester Elementary SchoolGrades PK-50.2 mi
7/10
4/10

Construction

Condition

  • Year built: 1918

Materials

  • Foundation: Permanent
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Cooktop,Range Hood,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Level: Lower

Basement

  • Has basement: Yes
  • Basement: Other

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main

Features

  • Floor Plan - Traditional,Formal/Separate Dining Room
  • Flooring: Carpet
  • Finished area below ground: 0
  • Finished area above ground: 1,008

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,512
  • Total interior livable area: 1,008 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Upper

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2217009400
  • Attached to another structure: Yes
  • Zoning: RMED
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Fencing: Full,Back Yard

Lot

  • Lot size: 2,200 sqft

Parking

  • Total spaces: 2
  • Parking features: On Street,Off Street,Alley Access
  • Has uncovered spaces: Yes