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.
MLS# | MDWA2017658 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1922 |
Days On Site | 370 |
Listing Provided By | RG Realty, Inc. | Roberto G. Gonzalez |
SQ Feet | 4,560 |
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Zoning | RMOD |
Acreage | 0.14 |
State | MD |
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County | Washington |
City | Hagerstown |
Zip Code | 21740 |
Community Name | City Park |
School District | Washington County Public Schools |
Listing VS Median (in City Park) | |
Price: $725,000 low | high Med: $322,000 SqFt: 4,560 low | high Med: 2,352 $ / SqFt: $159 low | high Med: $137 On Site: 370 low | high Med: 183.000000 |