Active

201-213 E Washington St

Hagerstown MD, 21740

$1,299,999


Active

Commercial

Built in 1914

Incredible investment opportunity! This 9-unit portfolio, consisting of 8 residential units and 1 commercial space, spans across three separate buildings with three individual tax records(2217003070, 2217014269, 2217014250) in a prime downtown Hagerstown location. The portfolio has undergone extensive renovations, with over $500,000 in upgrades completed to bring all units up to code and ready to rent. Key improvements include electrical service upgrades, plumbing, structural repairs, and roof replacements in 2024. Additionally, 209 and 207 E Washington Street are being fitted with brand-new baseboard heating systems. 201 E Washington Street: A 5-unit property with 4 residential units and 1 commercial space. Several units underwent full gut rehabs, including new flooring, drywall, and paint. Electrical, plumbing, and HVAC systems have been updated, and the roof was repaired/replaced in 2024. 207 E Washington Street: This 3-bedroom, 1-bathroom duplex was fully renovated with new electrical wiring, plumbing, flooring, drywall, and a brand-new two-story deck. The kitchen and bathroom were completely updated, and the roof was repaired/replaced in 2024. Currently being outfitted with new baseboard heating. 209 E Washington Street: A 3-bedroom, 2-bathroom duplex that underwent a complete gut rehab. Improvements include updated electrical and plumbing, new flooring, drywall, and two newly installed bathrooms. The deck was repaired, and a second-floor exit was added. Roof/replaced in 2024. Currently being fitted with new baseboard heating. 211 E Washington Street: This 4-bedroom, 2-bathroom duplex received significant upgrades, including electrical service, new subflooring, drywall, and framing for an additional approved bedroom. Roof repaired/replaced in 2024. The property requires only finishing cosmetic touches to complete. 213 E Washington Street: A 4-bedroom, 1-bathroom duplex with essential upgrades completed, including electrical service and exterior cleanup. Roof repaired/replaced in 2024. This unit will not be fully finished and is being sold as-is. This portfolio offers substantial potential with its strategic location, extensive renovations, and flexible zoning for both residential and commercial use. With most units move-in ready and minimal cosmetic work required for completion, this is a rare opportunity to acquire a well-upgraded, high-income potential property in the heart of downtown Hagerstown.

MDWA2026358

MLS ID

January 6, 2025

Listed

January 6, 2025

Updated

Map

201-213 E Washington St
Hagerstown MD, 21740

Interior Features

Interior Features

Carpet, Hardwood, Vinyl, Wood


Appliances

Electric Water Heater


Floor Description

Carpet, Hardwood, Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Baseboard, Electric, Natural Gas

Exterior/Building Features

Roof

Rubber, Shingle


Sewer

Public Sewer

Other Property Details

Days on Market

1


Garage

No


Parking

On Street


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listed by Long & Foster Real Estate, Inc.
Listing Contact: 3015147411 

The IDX display contains information sourced from the Bright MLS, Inc. as of 1/6/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Bright MLS, Inc. all rights reserved.

Data last updated on 1/6/2025 at 2:47 PM UTC

Powered byLuxury Presence