831 Oak Hill Avenue

Description

Excellent INCOME-PRODUCING OPPORTUNITY! Live in one unit and rent out the other plus the detached garage can also generate separate rental income with this all-brick Victorian in Hagerstowns prestigious historic district. This 3,650-square-foot residence has been thoughtfully converted into a two-family home with separate entrances, offering privacy and flexibility for investors, multi- generational families, or homeowners seeking rental income. Nestled on tree-lined Oak Hill Avenue, surrounded by stately historic homes, this property blends timeless architecture with modern updates, making it a rare gem in one of Hagerstowns most desirable neighborhoods. Enjoy positive cash flow from day one as a proud new owner.Main Residence (First Floor) Three spacious bedrooms and two full bathrooms, perfect for comfortable living. Stunning new kitchen (2024) with granite countertops, luxury vinyl flooring, and modern fin- ishes. Large living room with an original wood-burning fireplace and ample closet space. Large dining area with 3 walls featuring original mural wall paper Sun-drenched sunroom with sliding glass doors to a private deck, offering backyard views and basement access. Beautiful bay window overlooking mature, leafy landscaping. Freshly painted interiors with soaring original ceilings. Interior spiral staircase connects to the upper unitUpper Level Income Unit " Built-In Revenue StreamThis fully independent apartment, accessible via a grand interior staircase, is move-in ready for tenants: Cozy vestibule and entry foyer with built-in bench storage Two generous bedrooms with original hardwood floors. Full kitchen with a separate breakfast room. Expansive living and dining areas, ideal for entertaining. Renovated full bathroom (2017) with modern fixtures. Electric baseboard heating and Window air conditioning for year-round comfort. Separate laundry facilities for tenant convenience. Roof deck off laundry room Recently painted throughout, ensuring a fresh, welcoming atmosphere.Exceptional Property FeaturesParking & Storage Three-car garage capacity: One single-car garage and one two-car garage, with alley access for discreet parking. New garage doors installed to replace wood garage door, adding value and functionality.Outdoor Living Newly renovated patio, perfect for entertaining or relaxation. Private backyard with mature trees for privacy. New front porch masonry (2022), enhancing curb appealLocation & Lifestyle Historic district designation on prestigious Oak Hill Avenue. Walking distance to downtown Hagerstowns shops, restaurants, and amenities. Surrounded by stately homes in an established, stable neighborhood.Investment HighlightsWhy This Property Makes Financial Sense Two separate entrances ensure maximum privacy and rental appeal. Recent updates (2024 kitchen, 2017 bathrooms, 2022 porches) minimize maintenance concerns. Three-car garage is a premium feature for tenants or residents. Historic district location supports stable property values.Flexible Living Options Live on the main floor while the upper units rental income offsets your mortgage. Rent both units for maximum investment return. Create a multi-generational family compound with privacy for all. Use one level for a home oice or business and the other for residence.Recent Improvements 2024: Complete main floor renovation (kitchen, flooring, paint). 2022: New front porch masonry. 2017: Upper unit bathroom renovation. 1980s: Conversion to two-family home with separate entrance installedProperties of this caliber rarely come to market. With 65 photos and detailed floor plans showcasing this home, this Victorian gem is poised to sell quickly. Schedule your private showing today to discover how 831 Oak Hill Avenue can be your dream home and income property!