Bought with Unrepresented Buyer • Unrepresented Buyer Office
$630,000
$759,000
17.0%For more information regarding the value of a property, please contact us for a free consultation.
5,206 SqFt
SOLD DATE : 09/23/2025
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 5,206 sqft
Price per Sqft $121
MLS Listing ID MDWA2031348
Sold Date 09/23/25
Style Other
Abv Grd Liv Area 5,206
Year Built 1900
Annual Tax Amount $6,819
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Detached
Source BRIGHT
Property Description
This fully occupied seven unit apartment building in Hagerstown is a solid multifamily investment. It is licensed with the City of Hagerstown, current on lead certification, and professionally managed. Recent improvements include a new roof in 2022 and upgraded electric service with new meters.
The building offers one studio of about 500 square feet, two one bedroom apartments of about 615 square feet each, and four two bedroom apartments of about 850 square feet each, for a total of roughly 5,130 rentable square feet. A rear lot parks five vehicles, and a detached two car garage provides added income potential.
The property sits on a 0.34 acre lot directly across from the new Hagerstown Multi Use Sports and Events Facility and two blocks from Downtown. It is within walking distance of the Entertainment and Arts District, the Washington County Free Library, and City Park, and is served by the public bus line. With consistent occupancy, strong renter demand in this submarket, and limited new multifamily supply, the asset offers reliable cash flow today and attractive long term appreciation potential in Hagerstown.
Location
State MD
County Washington
Zoning RMED
Interior
Hot Water Natural Gas
Heating Steam
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone, Permanent, Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools E. Russell Hicks School
High Schools South Hagerstown Sr
School District Washington County Public Schools
Others
Tax ID 2203008711
Ownership Fee Simple
SqFt Source 5206
Special Listing Condition Standard
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