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About This Home

This 2-bedroom, 1-bathroom townhouse at 127 E LEE Street in Hagerstown, MD is listed for $129,900 ($129 per sqft). Built in 1918, the home offers 1,008 sqft of living space on a 0.05 acres lot.

Agent Description

Turnkey investment opportunity with immediate cash flow! Calling all investors! *** This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities.

*** The home has been well cared for by both owner and tenant-clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. *** Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs.

Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. **** Strong rental income at this price point offers excellent investment potential. Whether you're looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. *** Priced to sell-don't miss this opportunity!

Key Features

  • Built in 1918
  • 0.05 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
1 full
2 spaces
1918

Monthly Cost Estimate

$695/mo

20% down · 6.5% · 30 years

Principal$94
Interest$563
Insurance$38

Estimates only. Actual payments may vary.

Location

127 E LEE Street

Hagerstown, MD 21740

HAGERSTOWN

Features & Amenities

Interior Features

CarpetFloor Plan - TraditionalFormal/Separate Dining Room

Property Details

Parking

AlleyOn StreetOff Street

Heating

Forced Air

Appliances

RefrigeratorStoveRange Hood

Questions & Answers

This 2-bedroom, 1-bathroom townhouse at 127 E LEE Street is listed at $129,900 ($129/sqft). The estimated monthly payment is $563 based on 20% down at 6.5% interest.

Key features include: Built in 1918, 0.05 acre lot, 2 stories, 2 parking spaces. Interior Features: Carpet, Floor Plan - Traditional, Formal/Separate Dining Room.

This property is listed by Wendy K Aloi and can be reached at 3016760474 or wendy@reimove.com.

WA

Wendy K Aloi

Agent at Real Estate Innovations

(301) 676-0474

Listed by Real Estate Innovations · View on Broker Site

MLS# MDWA2035508· Source: listhub· Updated 39 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

127 E LEE Street, Hagerstown, MD 21740

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