Bought with Roberto G. Gonzalez • RG Realty, Inc.
$1,330,000
$1,600,000
16.9%For more information regarding the value of a property, please contact us for a free consultation.
9,366 SqFt
SOLD DATE : 07/11/2025
Key Details
Sold Price $1,330,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,366 sqft
Price per Sqft $142
Subdivision None Available
MLS Listing ID MDWA2027460
Sold Date 07/11/25
Year Built 1957
Available Date 2025-04-01
Annual Tax Amount $10,281
Tax Year 2024
Lot Size 10,640 Sqft
Acres 0.24
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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!
Location
State MD
County Washington
Zoning RO
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Central A/C
Flooring Wood
Heat Source Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2222001388
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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REALTOR® | Lic# MD 633057 | DE RS-0038462
1131 South Salisbury Blvd. Suite B, Salisbury, MD, 21801, USA