Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1913
Sq.Footage
2,992
fantastic value-add property in Hagerstown. This property is strategically located next to the soon-to-be-built Hagerstown Multi-Use Sports and Events Facility stadium, and just a block away from the beautiful Hagerstown City Park. The location of this property offers residents easy access to recreational activities, shopping, dining, and entertainment. The property comprises of 8 well-designed one-bedroom, one-bathroom apartments, each with their own electric meter. The layout of each apartment is highly functional, providing comfortable living spaces for residents. In addition to the apartments, there are 4 carports and 3 garages, providing ample parking for residents and their guests. This property has immense potential for value appreciation, with the upcoming development of the sports and events facility, which is sure to attract visitors from across the region. The location of the property makes it highly desirable for tenants seeking comfortable and convenient living spaces. The property is being sold along with the adjacent 12-unit apartment building located at 224-226 Summit, providing a total of 20 units for investment. The opportunity to purchase both properties provides an investor with the potential to create a larger and more profitable rental portfolio. Overall, this property is an excellent investment opportunity, with the potential for strong rental income and capital appreciation in the coming years. Don't miss this chance to own a highly desirable value-add property in the heart of Hagerstown.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Above Grade Finished Area
2992.0
-
Heating YN
YES
-
Heating
Baseboard, Electric
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Construction Materials
Brick
-
Parking
Attached, Detached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.23
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$840,000
-
Tax Amount
2778.0
-
Sq. Footage
2, 992
-
Price/SqFt
$280
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Permanent, Block
-
Sewer
Public Sewer
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of Roberto G. Gonzalez , RG Realty, Inc.
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Sarah Strong
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