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sales rep | Brivity IDX

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224 Frederick St , Hagerstown, MD 21740
$325,000
Est. Payment: $1,729.79/mo
2 Bed
3 Bath
1964 Sqft
0.19 Acres
Status: active | Days on site: 15
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CRPP1 - 3084289
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House Description

Great investment opportunity! This rehabbed brick building in Hagerstown features three versatile units with excellent income potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers flexibility and multiple revenue streams. The property includes a 1-bedroom downstairs apartment, currently estimated to rent for $1,350 per month, and a 1-bedroom upstairs apartment with estimated rental income of $1,250 per month. The third unit is an office/efficiency space with potential for a small business or conversion to a residential unit, estimated to generate $800 per month. The large garage offers additional income potential, with parking spaces estimated at $100 each. Based on these estimates, the three units could generate approximately $3,400 per month, with additional income possible from garage parking. All three units have been painted throughout. The main floor unit has a private entrance. This unit has been updated with new windows, electrical, plumbing & HVAC. The upstairs apartment features updated light fixtures, a range hood, and countertops. The property also boasts a large lot with parking for approximately 8–10 vehicles, additional off-street parking, and convenient alley access. With multiple income-producing opportunities and the potential to maximize rental returns, this property is an excellent opportunity for investors looking to build or expand their portfolio. Property is being sold AS-IS. Schedule your showing today!`

Highlights

Listed by ALEXANDRA L VASQUEZ , 2405295021 Charis Realty Group , 3018315099. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1890

County

Washington

Neighborhood

None Available

School District

Washington County Public Schools

Listing ID

MDWA2040976

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Ductless/Mini-Split
Fireplaces:
Above Ground Sq Ft:1964
Basement:Dirt Floor,Garage Access,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:2
Zoning:RO
Sewer:Public Sewer
Parking Features:Garage - Front Entry,Additional Storage Area,Oversized,Off Street,On Street,Attached Garage,2+ Spaces,1+ Spaces
Principal Interest
$1,730
Taxes
$243

Home Price

$325,000

Loan Details

30 yrs
7%

Down Payment

20%
$65,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,729.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,729.79 $243.00 $0.00 $1,972.79
Yearly $20,757.44 $2,916.00 $0.00 $23,673.44
Total $622,723.14 $87,480.00 $0.00 $710,203.14
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Hagerstown, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS