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For sale
  • $675,000

    505 W Church St, Hagerstown, MD 21740

    10beds
    --baths
    3,556sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $190/sqft
    $-- HOA

    What's special

    New replacement windowsAll-brick multi-family propertyGenerously-sized unitsSpacious unitsSeparate electric meters
    Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy. Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area. Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstown’s arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Don’t miss this chance to acquire a low-maintenance, high-potential property in a prime location!
    162 days
    on Zillow
    |
    181
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 25, 2024 at 01:02am

    Listed by:

    Roberto Gonzalez 301-991-0207,

    RG Realty, Inc. 240-203-6393

    Source: Bright MLS,MLS#: MDWA2025614MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 505 W Church St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Basement
    • Area: 0
    Heating
    • Hot Water, Electric
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,556
    • Total interior livable area: 3,556 sqft

    Property

    Parking
    • Parking features: Off Street, Parking Lot, Other
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,200 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2225025695
    • Zoning: RMED
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Permanent, Block
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Hagerstown
    • Municipality: Hagerstown

    Financial & listing details

    • Price per square foot: $190/sqft
    • Tax assessed value: $245,700
    • Annual tax amount: $4,710
    • Date on market: 11/15/2024
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
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