37 S COLONIAL DRIVE A & B

HAGERSTOWN, MD 21740

This well kept investment property is ready for new ownership. 2 units each with 3 bedrooms and 1.5 bathrooms. Full walk-out basements with laundry areas on each side. Basements could be finished to add additional living space and rental income increases. Each side has had numerous updates since it was constructed. The property has been owned by the same individuals since it was constructed in 2004. Each time the units are rented tenants have been long term renters. Easy to rent and easy to maintain. Rents are $1575 per side with new tenants taking occupancy on 12 months leases. Tenants pay electric, water, sewer charges. Rent includes lawn care, trash and recycling. Recent updates include... new roof in 2025, new front concrete porch and columns in 2024, improved decks and stained in 2025, new central air system in unit B in 2025, central air replaced in unit A several years ago, new hot water heater in unit A in 2025. Updated appliances. Fresh paint throughout each unit in the past 4 weeks. Paved off-street parking. Minimal expenses for owners. Convenient location near Rt.40, I-70 and major shopping and employment centers.

Listing courtesy of Century 21 Market Professionals



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.