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Bought with Andrew Peters • Burch Real Estate Group, LLC
$ 550,000
$ 625,000 12.0%
2,200 Sqft Lot
$ 550,000
$ 625,000 12.0%
2,200 Sqft Lot
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDWA2031536
Sold Date 02/27/26
Year Built 1905
Annual Tax Amount $4,710
Tax Year 2024
Lot Size 2,200 Sqft
Acres 0.05
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates.
Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value.
Located at the gateway to Hagerstown's Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth—making it attractive to both local and out-of-town investors capitalizing on area revitalization.
Turnkey, income-producing, and positioned for appreciation—don't miss your chance to secure a high-performing asset in a prime location.
Location
State MD
County Washington
Zoning RMED
Interior
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent, Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2225025695
Ownership Fee Simple
Special Listing Condition Standard
Schools and Properties Nearby
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