UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,304 sqft
Price per Sqft $108
MLS Listing ID MDWA2026324
Style Other
Abv Grd Liv Area 5,304
Originating Board BRIGHT
Year Built 1874
Annual Tax Amount $4,102
Tax Year 2024
Lot Size 9,840 Sqft
Acres 0.23
Property Sub-Type Detached
Property Description
lead inspection in building in 2020
rental license per unit: yes
separate meters: yes
owner pays water, sewer, common area electric, & gas, and trash
not historic district
4-Unit Apartment Building – Prime Investment Opportunity in Hagerstown
Located near all the action in downtown Hagerstown, this fully occupied 4-unit apartment building offers an exceptional opportunity for investors or owner-occupants. Each spacious unit features tall ceilings and generous square footage, making them highly desirable for tenants. Each unit has 2 bedrooms and 1 bath. One unit has an additional den. The property is consistently in demand, maintaining 100% occupancy, with great potential to increase rental income over time.
The property includes a coin-operated laundry system that generates an additional $200 in monthly income. Parking is a breeze with ample space in the back, including two enclosed garages. The basement provides substantial storage space, adding to the property's overall appeal. Recent updates, including a new water heater and a roof in excellent condition, make this a low-maintenance investment.
With its strong cash flow, potential for rent growth, and unbeatable location, this property is a rare gem for anyone looking to expand their portfolio or enjoy the benefits of living in one unit while renting the others. Check out flyer in documents. Contact us today to schedule a private tour and learn more about this incredible opportunity!
Location
State MD
County Washington
Zoning RO
Rooms
Basement Unfinished, Full
Interior
Hot Water Natural Gas
Heating Other
Cooling Other
Inclusions parking
Equipment Stove, Refrigerator
Fireplace N
Appliance Stove, Refrigerator
Heat Source Electric
Exterior
Parking Features Other
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2225005643
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, FHA, VA, USDA
Listing Terms Conventional, Cash, FHA, VA, USDA
Financing Conventional,Cash,FHA,VA,USDA
Special Listing Condition Standard
GET MORE INFORMATION
Joseph Lam
Broker Associate | License ID: 0682262
Broker Associate License ID: 0682262
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