UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,556 sqft
Price per Sqft $175
MLS Listing ID MDWA2030872
Style Colonial
Abv Grd Liv Area 3,556
Year Built 1905
Annual Tax Amount $4,710
Tax Year 2024
Lot Size 2,200 Sqft
Acres 0.05
Property Sub-Type Detached
Source BRIGHT
Property Description
Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates.
Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value.
Located at the gateway to Hagerstown's Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth—making it attractive to both local and out-of-town investors capitalizing on area revitalization.
Turnkey, income-producing, and positioned for appreciation—don't miss your chance to secure a high-performing asset in a prime location.
Location
State MD
County Washington
Zoning RMED
Interior
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent, Block
Above Ground Finished SqFt 3556
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2225025695
Ownership Fee Simple
SqFt Source 3556
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
- 8
Paramount Elementary School
Public | KG - 5
- 7
Fountaindale Elementary School
Public | KG - 5
- 6
Potomac Heights Elementary School
Public | KG - 5
- 5
Maugansville Elementary School
Public | KG - 5
- 5
Salem Avenue Elementary School
Public | PK - 5
- 5
Emma K. Doub Elementary School
Public | 1 - 5
- 5
Eastern Elementary School
Public | 3 - 5
- 4
Lincolnshire Elementary School
Public | PK - 5
- 4
Winter Street Elementary School
Public | PK - 5
- 4
Pangborn Elementary School
Public | KG - 5
- 1
Bester Elementary School
Public | PK - 5
- 0
Ebenezer Christian School
Private | KG - 12
- 0
Grace Academy
Private | PK - 12
- 0
Truth Christian Academy
Private | PK - 11
- 0
Marshall Street School
Public | KG - 12
- 0
St Mary Catholic School
Private | PK - 8
- 0
Hagerstown Childrens School
Private | PK - KG
- 0
Funkstown Elementary School
Public | PK - KG
- 0
Ruth Ann Monroe Primary School
Public | PK - 2
- 5
E. Russell Hicks Middle School
Public | 6 - 8
- 5
Western Heights Middle School
Public | 6 - 8
- 5
Northern Middle School
Public | 6 - 8
- 9
Barbara Ingram School for the Arts
Public | 9 - 12
- 8
Washington County Technical High School
Public | 11 - 12
- 5
South Hagerstown High School
Public | 9 - 12
- 5
North Hagerstown High School
Public | 9 - 12
- 0
Washington County Job Development Center
Public | 10 - 12
- 0
St Maria Goretti High School
Private | 9 - 12
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Eric Clash
Agent & Founder of Clash Home Team | License ID: 535187
Agent & Founder of Clash Home Team License ID: 535187