1301 Virginia Ave Hagerstown, MD 21740

1301 Virginia Ave – Realty and Roberto Gonzalez is pleased to offer for sale a rare opportunity to acquire an Exceptionally beautiful and well maintained historic Victorian three story multi-family stone and masonry corner building with a wrap-around porch, this lovely property is comprised by 5 large one bedroom, one bath apartments. The units are spacious, include an excellent layout, generally include a bedroom with walk-in closets a living room, kitchen, and a full bath, as such, the layout is functional and typical for its multi-family use. The property foundation is stone and masonry and all the windows have been replaced with new double hung vinyl type. Attachments include walk-up steps that grant access into the front of the building, and rear and side porches and stairwells. Site improvements include concrete walk-ways, lawn area, minor landscaping and trees, onsite paved parking lot to the side rear of the building that accommodates approximately 4 spaces along the three (3) car garages.

1301 Virginia Ave has Strong rental rates, excellent market conditions, with one of the lowest vacancy rates in the industry. Investors should expect to increase rental income for all the units.

The property at 1301 Virginia Ave is conveniently located in a well desired area North West portion of the City of Hagerstown in close proximity to the Valley Mall.

The population in the general area at 1301 Virginia Ave is considered to be of sufficient size, diversity, and financial ability to support the subject and similar properties.

Thinking about investing in Real Estate? The Multi-Family real estate investment is the process of acquiring properties that provide housing for many diverse families . Unlike investing in a single residential home that you rent out to a single individual or family, multi-family buildings have several separate residences . Therefore Multi-family buildings ranges from a two unit duplex to a Mid-rise garden style or a huge apartment complex , but regardless of the size, these types of properties can be an amazing investment so long as you know what is involved with finding a property and understand the need of being a good landlord. It is usually the most cumbersome domains of Asset Development, Finance, Management & Financial Earnings for any individual, agent, investors and property sellers or even a bank or a financial institution. With financial pundits & experts extolling the features of a good asset for financial wealth, real estate project or marketing is now playing an ever-growing role for today’s financial health & results.