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37 A & B South Colonial Dr, Hagerstown, MD 21740

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For Sale

$389,900

6 beds • 2 baths • 2 half baths • 3,600 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 2004
    Year built

  • $108.31
    Price per square foot

Explore this Property

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. Each side has had numerous updates since the property was constructed and 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. The property is easy to own and maintain. Rental rates are $1575 per side with new tenants taking occupancy on 12 month lease agreements. Tenants pay electric, water and sewer charges. The rent includes lawn care, trash and recycling service. Recent property updates include... new roof in 2025, new front concrete porch and structural vinyl columns in 2024, improved decks and new upgraded deck stain 2025, new central AC in Unit B 2025, central AC in Unit A was replaced a few years ago, new hot water heater in Unit A 2025, updated appliances, fresh paint throughout both units in the past few weeks. Paved off-street parking. Minimal expenses for property owners. Convenient location near Rt.40, I-70 as well as major shopping, dining and employment centers.
MLS# MDWA2032556

Listed By CENTURY 21 Market Professionals

Property Features

  • Age
    21-30 Years Old
  • Appliances
    Dishwasher, Dryer, Garbage Disposal, Microwave, Range / Oven, Refrigerator, Washer
  • Area Description
    Suburban
  • Basement
    Full
  • Bath Features
    Tub and Shower
  • Community Type
    FHA Compliant
  • Cooling
    Central A/C - Electric
  • Exterior
    Thermal Windows / Doors
  • Exterior Description
    Wood Frame, Vinyl Siding
  • Exterior Living Space
    Deck, Porch
  • Flooring
    Hardwood, Wall to Wall Carpet
  • General
    Laundry Facilities, Ceiling Fan(s), Smoke Detector, Storage Area
  • Heating - Fuel Type
    Electric
  • Heating Type
    Baseboard, Multi-Zone Heat
  • Kitchen Features
    Eat-in Kitchen
  • Lot Description
    Open
  • Lot Size
    Under 1/2 Acre, 0.41 Acres
  • Pre-Wiring
    Cable, Phone Jacks
  • Road Type
    County Street
  • Roof
    Asphalt Shingle Roof
  • Sewer
    Public
  • Style
    Colonial
  • Views
    City / Strip, Mountain, Water
  • Water
    City Water

Map and Directions

Directions to 37 A & B South Colonial Dr, Hagerstown, MD 21740

Home seller Meet the Agent,
Michael Draper

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Michael Draper

of CENTURY 21 Market Professionals

(301) 671-4663
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.