Rare 15-unit, purpose-built apartment building in Hagerstown, MD, for sale! This is an excellent opportunity for any investor to add to their portfolio, and many units have been renovated! There are three 2-bedroom units, eleven 1-bedroom units, and a commercial unit in the building. The commercial unit could be converted into a residential unit or rented out as a commercial space. All units pay for their electricity and most have their own HVAC systems. The roof was replaced in October 2021 and comes with a 10-year warranty on workmanship and a 20-year warranty on materials. Brand new commercial common area flooring is being installed in all common areas and stairways around the first week of April. The owner is also currently planning to replace all apartment doors with new, fire-rated doors. The owner pays for water, sewer, trash, and electricity for the common areas. This one won't last long; reserve your showing soon! New photos will come once the new flooring is installed!
Under contract
$1,600,000
460 N Potomac St, Hagerstown, MD 21740
17beds
--baths
9,366sqft
Est.:
Multi Family
Built in 1957
-- sqft lot
$1,510,700 Zestimate®
$171/sqft
$-- HOA
What's special
Fire-rated doorsHvac systems
- 35 days
- on Zillow |
- 432 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 12:36pm
Listed by:
Drew Peters 240-586-0142,
Burch Real Estate Group, LLC (681) 252-3002
Source: Bright MLS,MLS#: MDWA2027776

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
Basement
- Area: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater, Electric Water Heater
Features
- Flooring: Wood
- Has fireplace: No
Interior area
- Total structure area: 9,366
- Total interior livable area: 9,366 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 10,640 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2222001388
- Zoning: RO
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Rubber
Condition
- New construction: No
- Year built: 1957
- Major remodel year: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Main Entrance Lock
- Subdivision: None Available
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $171/sqft
- Tax assessed value: $536,300
- Annual tax amount: $10,281
- Date on market: 4/22/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,1031 Exchange,Conventional
- Ownership: Fee Simple
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