460 N POTOMAC ST, Hagerstown, MD 21740 – MDWA2027460

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$1,600,000

Est. payment - /mo

9,366 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 9,366 sqft

Price per Sqft $170

Subdivision None Available

MLS Listing ID MDWA2027460

Originating Board BRIGHT

Year Built 1957

Available Date 2025-04-01

Annual Tax Amount $10,281

Tax Year 2024

Lot Size 10,640 Sqft

Acres 0.24

Property Sub-Type Five Or More Units

Property Description

Rare 15-unit, purpose-built apartment building in Hagerstown, MD, for sale! This is an excellent opportunity for any investor to add to their portfolio, and many units have been renovated! There are three 2-bedroom units, eleven 1-bedroom units, and a commercial unit in the building. The commercial unit could be converted into a residential unit or rented out as a commercial space. All units pay for their electricity and most have their own HVAC systems. The roof was replaced in October 2021 and comes with a 10-year warranty on workmanship and a 20-year warranty on materials. Brand new commercial common area flooring is being installed in all common areas and stairways around the first week of April. The owner is also currently planning to replace all apartment doors with new, fire-rated doors. The owner pays for water, sewer, trash, and electricity for the common areas. This one won't last long; reserve your showing soon! New photos will come once the new flooring is installed!

Location

State MD

County Washington

Zoning RO

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Flooring Wood

Heat Source Electric

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2222001388

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

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Listed by Andrew Peters • Burch Real Estate Group, LLC

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

460 N POTOMAC ST Hagerstown, MD 21740

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

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460 N POTOMAC ST