$525,000
( $113.44Per Sq Foot )
 $2,818 est/mo Sourced by Back At You

115-115 King St,HAGERSTOWN, MD 21740

HAGERSTOWN, MD 21740

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Description

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.

Details

MLS #MDWA2039598
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1894
Days On Site35
Listing Provided ByHagerstown Management Corporation | Craig P Harshman

Features

Garage2
Story(s)3
Units6
ZoningRO
Acreage0.13
Property ViewCity

Interior

CoolingCeiling Fan(s), Window Unit(s)
Heating Yes / NoYes
HeatingHot Water

Exterior

RoofRubber
Construction MaterialsBrick
Foundation DetailsStone

Parking

Garage Yes / NoYes

Utilities

UtilitiesNatural Gas Available

Taxes

Tax Annual Amount4896

Area Information

StateMD
CountyWASHINGTON MD
CityHAGERSTOWN
Zip Code21740
AreaWASHINGTON MD
School DistrictWASHINGTON COUNTY PUBLIC SCHOOLS
Listing VS Median (in 21740)
Price:
$525,000
low | high
Med:
$290,000
94.761904761905% of Average
On site:
35
low | high
Med:
102
34.313725490196% of Average
Sourced by Back At You

Market Activity 21740

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Learn More About This Property

StateMD
CountyWASHINGTON MD
CityHAGERSTOWN
Zip Code21740
AreaWASHINGTON MD
School DistrictWASHINGTON COUNTY PUBLIC SCHOOLS
Listing VS Median (in 21740)
Price:
$525,000
low | high
Med:
$290,000
94.761904761905% of Average
On site:
35
low | high
Med:
102
34.313725490196% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $393K - $656K
sqft: 0 - 0
Listing Updated: September 28, 2026 at 10:44:07 PM PDT