419 SUMMIT AVE new to site

Hagerstown,MD 21740

$ 499900

- Bed

- Bath

4524 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,524 sqft

Price per Sqft $110

MLS Listing ID MDWA2031026

Year Built 1922

Annual Tax Amount $4,406

Tax Year 2024

Lot Size 6,840 Sqft

Acres 0.16

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Great positive cashflow investment opportunity! Well maintained 5 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas forced air heat! This property includes 2 buildings: front building has 3 units and the rear building has 2 units. Large backyard,. The owner will consider holding owner financing. Owner is also selling 311 Summit Ave with 6 units.

Location

State MD

County Washington

Zoning RMOD

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Bester

Middle Schools E. Russell Hicks School

High Schools South Hagerstown Sr

School District Washington County Public Schools

Others

Tax ID 2203011062

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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