Property Attributes
- MLS#MDWA2017658
- TypeContingent
- CountyWASHINGTON
- CityHagerstown
- NeighborhoodCity Park
- Zip21740
- StyleApartment Building
- Year Built1922
- Taxes$ 5204
- Price$ 725,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4560
- Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description
Don't miss out on this unique investment opportunity! Secure a steady and prosperous income by owning this charming 8-unit low-rise apartment complex situated within walking distance of Hagerstown City Park. The property, built in 1922, boasts 8 cozy 1BR apartments, each around 675 sq. ft. Enjoy the convenience of off-street parking and an exceptional location. Nestled along Virginia Ave corridor on a spacious lot, the complex exudes a tranquil and secluded ambiance. Meticulously maintained, with a 7-year-old roof and newly replaced windows enveloping the exterior to minimize upkeep. Tenants handle their own electric bills as units are separately metered, making it a solid venture for investors.
Price History | |
---|---|
9/15/2023 | Listed $725,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Baseboard - Electric |
Cooling | None |
Possession | Settlement |
Zoning | RMOD |
Construction Materials | Block,Brick |
Year Built | 1922 |
Property SubType | Five Or More Units |
Tax Year | 2021 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Apartment Building |
Accessibility | None |
County | WASHINGTON |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | CITY PARK |
Water Access Y/N | No |
Status | ACTIVE UNDER CONTRACT |
Directions | SOUTH ON VIRGINIA AVE. (RT. 11) STAY RIGHT AFTER THE LIGHT ON HOWARD ST.,PROPERTY ON RIGHT. |
ModificationTimestamp | 2024-04-16T12:31:00 |
City | HAGERSTOWN |
Buyer Agent Compensation | 2.5 |
Total Units | 8 |
Lot Size Square Feet | 6000.00 |
Tax Assessed Value | 267033.0 |
Waterfront Y/N | No |
Street Name | VIRGINIA |
Tax Annual Amount | 5204.0 |
Price Per Sq Ft | 158.99 |
Vacation Rental Y/N | No |
Days on Market | 1 |
Standard Status | Active Under Contract |
Year Built Source | Estimated |
Tax Lot | 3 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Hot Water | Electric |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | No |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 3 |
Type of Parking | Driveway,On Street |
Land Use Code | 110 |
Water View Y/N | No |
Building Area Total | 4560.00 |
Lot Size Acres | 0.14 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 41000.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Car Parking Spaces | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool