This 6 unit brick apartment building, built in 1894, offers a unique investment opportunity with significant potential returns. 4-1Bedroom units and 2 2 bedroom units. Situated on a 0.13-acre lot, it features a desirable city view, enhancing its appeal for future tenants or buyers. The property includes a detached garage with space for two vehicles, providing added convenience and value. Inside, a mix of hardwood, carpet, and vinyl flooring creates a versatile environment suitable for various uses. The property is well-maintained and fully occupied. With low owner expenses covering essential utilities such as gas, heat, and water, investors can expect a favorable cash flow. Located in a vibrant area with potential for growth, this property is ideal for those looking to capitalize on the increasing demand for residential rental. Its historic charm combined with modern functionality makes it a compelling choice for savvy investors seeking long-term appreciation and steady income.
| MLS # | MDWA2039598 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1894 |
| Days On Site | 35 |
| Listing Provided By | Hagerstown Management Corporation | Craig P Harshman |
| Garage | 2 |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Zoning | RO |
| Acreage | 0.13 |
| Property View | City |
| Cooling | Ceiling Fan(s), Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Roof | Rubber |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Stone |
| Garage Yes / No | Yes |
|---|
| Utilities | Natural Gas Available |
|---|
| Tax Annual Amount | 4896 |
|---|
| State | MD |
|---|---|
| County | WASHINGTON MD |
| City | HAGERSTOWN |
| Zip Code | 21740 |
| Area | WASHINGTON MD |
| School District | WASHINGTON COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21740) | |
Price: $525,000 low | high Med: $290,000 On site: 35 low | high Med: 102 | |
| State | MD |
|---|---|
| County | WASHINGTON MD |
| City | HAGERSTOWN |
| Zip Code | 21740 |
| Area | WASHINGTON MD |
| School District | WASHINGTON COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21740) | |
Price: $525,000 low | high Med: $290,000 On site: 35 low | high Med: 102 | |