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489-491 Mitchell Avenue
Hagerstown, MD 21740

  • $399,900
  • STATUS: Active
  • ON SITE: 537 days
  • ID#: WA8763211
UPDATED: 68 min ago
$399,900
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Information

Elementary School:
Middle School:
High School:

Description

Portfolio Package Deal - 7 duplexes generating over $73,000 income per year. Low owner expenses. All units remodeled and registered with the City / State. Newer windows, kitchens, baths, etc. (524 George St, 526 George St, 618 George St, 621 George St and 128 Ray St also included with sale.) All the work is done and all 7 units are fully occupied. You can start collecting rent right away!



The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-03-23T16:17:58.71.

LoCoMusings: 571-233-5495
www.locomusings.com/homes/56495823

489-491 Mitchell Avenue Hagerstown, MD 21740

  • Price: $399,900
  • Status: Active
  • Updated: 68 min ago
  • ID#: WA8763211
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1913
Built
Neighborhood:
Package Deal
County:
Washington
Area:
Washington DC
Elementary School:
Eastern
Middle School:
Western Heights
High School:
South Hagerstown Sr
Property Description
Portfolio Package Deal - 7 duplexes generating over $73,000 income per year. Low owner expenses. All units remodeled and registered with the City / State. Newer windows, kitchens, baths, etc. (524 George St, 526 George St, 618 George St, 621 George St and 128 Ray St also included with sale.) All the work is done and all 7 units are fully occupied. You can start collecting rent right away!
Exterior Features

Exterior Siding - Vinyl Parking StreetDrvwy/Off Str Waterfront No

Interior Features

Basement Yes Basement Entrance Connect Stair Basement Type Full Cooling None Cooling Fuel Electric Handicap None Heating Forced Air Heating Fuel ElectricNatural Gas Hot Water Electric Tax Total Living Area 2198

Property Features

Assessment Year 2015 Auction No City Town Tax 838.13 City Town Tax Payment Freq Annually County Tax 858.33 County Tax Payment Freq Annually Disclosures Prop DisclaimerLead Based Paint - FederalLead Based Paint - State Efficiency Units 0 Election District 25 Expenses 13081.11 For Sale Yes Foreclosure No Gross Income 73236.0 HOA No Improvement Assessment Amount 56200.0 Improvement Assessment Payment Freq Annually Incorporated City 10000025235 Land Assessment Amount 40000.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 6103.0 Multifamily Type Detached New Construction No One Bedroom Units 0 Ownership Fee Simple Possession Negotiable Property Net Operating Income 60154.89 Sewer Septic Public Sewer Short Sale No Single Room Units 0 Tax Year 2015 Tenancy Lease Terms Mixed Three Bedroom Units 5 Total Assessment 96200.0 Total Assessment Payment Freq Annually Total Taxes 1696.46 Total Taxes Payment Freq Annually Two Bedroom Units 2 Vacancy Factor 5.0 Vacation Home No Water Public Water Average Monthly 50.0 Water Last Twelve Months 600.0 Zoning Code Rmed

Listing courtesy of Edwin Jefferson of The Glocker Group Realty Results.


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than LoCoMusings are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-03-23T16:17:58.71.

LoCoMusings: 571-233-5495
LoCoMusings
540 Fort Evans Road
Leesburg VA, 20176