Hagerstown, MD 21740,121 E FRANKLIN ST
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Hagerstown, MD 21740,121 E FRANKLIN ST
Hagerstown, MD 21740,121 E FRANKLIN ST
Hagerstown, MD 21740,121 E FRANKLIN ST
Hagerstown, MD 21740,121 E FRANKLIN ST

$130,000

Est. payment /mo

$154,900

16.1%
Est.Price: ?

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121 E FRANKLIN ST Hagerstown, MD 21740

3,166 SqFt

SOLD DATE : 03/29/2022

Key Details

Sold Price $130,000

Property Type Townhouse

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

Style Colonial

Year Built 1873

Annual Tax Amount $2,789

Tax Year 2020

Lot Size 10,215 Sqft

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

Interior

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

Exterior

Exterior Feature Deck(s)

Water Access N

View City, Garden/Lawn, Street

Roof Type Asphalt,Rubber

Building

Lot Description Cleared, Rear Yard

Foundation Stone

Sewer Public Sewer

Water Public

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

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michael R Draper • Century 21 Market Professionals
Bought with Sarah A. Reynolds • Keller Williams Chantilly Ventures, LLC

Jason Gareau

Broker

+1(609) 929-4486

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