$725,000
823 VIRGINIA AVE Hagerstown, MD 21740
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$725,000
Est. payment /mo
4,560 SqFt
Under Contract
823 VIRGINIA AVE Hagerstown, MD 21740
UPDATED:
08/14/2024 08:05 AM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,560 sqft
Price per Sqft $158
Subdivision City Park
MLS Listing ID MDWA2017658
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $5,204
Tax Year 2021
Lot Size 6,000 Sqft
Acres 0.14
Property Description
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.
Location
State MD
County Washington
Zoning RMOD
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2203014185
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Roberto G. Gonzalez • RG Realty, Inc.
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