37 S Colonial Drive Hagerstown, MD $ 389,900
37 S Colonial Drive
$ 389,900
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37 S Colonial Drive

Hagerstown, MD, 21740
$ 389,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,432

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Multi-Family Home for sale in Hagerstown, MD

for $389,900 with 6 bedrooms. This home was built in 2004 on a lot size of 0.41.

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.

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Multi-Family Pending

Price

$ 389,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 2,317

Style

Colonial

Lot Size

0.41

Year Built

2004

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2032556

Features
General
Living Area 2448
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Ceiling Fan(s) Central A/C
Possession Settlement Subject to Existing Lease
Roof Architectural Shingle
Appliances Built-In Microwave Dishwasher Dryer Exhaust Fan Oven/Range - Electric Refrigerator Washer Water Heater
Zoning RU
Patio/Porch Features Porch(es) Deck(s)
Architectural Style Colonial
Security Features Smoke Detector
Construction Materials Stick Built Vinyl Siding
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Year Built 2004
Electric 200+ Amp Service Circuit Breakers
View Garden/Lawn Creek/Stream Limited Street Trees/Woods
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions I-70 to Exit 32 (Rt.40). Head West towards Hagerstown / Turn left on Mt Aetna Road / Turn right on South colonial Drive to home on left.
City HAGERSTOWN
Disclosures Agent has Financial Interest Prop Disclaimer
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 18000.00
Tax Annual Amount 2317.0
Home Warranty Y/N N
Property Condition Very Good
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 159.27
Acceptable Financing Cash Conventional FHA VA
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Location Type Suburban
Lease Type Yearly
Standard Status Pending
Year Built Source Assessor
Legal Subdivision COLONIAL PARK
Tax Lot 13
Total Actual Rent 37800.00
Association Recreation Fee N
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Interior
Interior Amenities Ceiling Fan(s) Floor Plan - Traditional Kitchen - Eat-In Kitchen - Table Space Window Treatments Wood Floors
Heating Fuel Electric
Basement Connecting Stairway Daylight Full Full Improved Walkout Level Windows
Flooring Carpet Hardwood Vinyl
Hot Water Electric
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Window Features Double Pane Double Hung Screens Vinyl Clad
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Exterior Amenities Exterior Lighting Street Lights
Pool No Pool
Parking Features Paved Parking
Lot Features Backs to Trees Rear Yard Stream/Creek
Water Source Public
Type of Parking Driveway
Foundation Details Concrete Perimeter
Spa N
Water View Y/N Y
Lot Size Acres 0.41
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Door Features Insulated Sliding Glass
Road Responsibility City/County
Land Assessed Value 50000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 37
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* Excluded Features
List By
Century 21 Market Professionals

Broker

mdraperc21@gmail.com

Email

Affordability Calculator

$2,626
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$193
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3537201 Elementary School
3535253 Middle School
South Hagerstown Sr High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$389,900 Listed Price

Map


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37 S Colonial Drive, Hagerstown, MD, 21740 is a Multi-Family Home for sale at $389,900 with a lot size of 0.41. 37 S Colonial Drive has 6 bedrooms, 0.0 baths, and was built in 2004. The property's zip code is 21740 which is in Hagerstown, MD