Sold
CLOSED
42 East Ave
Hagerstown MD, 21740
$435,000
$53.17 per sqft
Sold
CLOSED
8,181 sqft
Commercial
Built in 1904
This 6 unit apartment building located in Hagerstown, MD is a fantastic opportunity to build equity and generate immediate cash flow! This property has 8 mini storage units in the rear of the property as well that are all currently rented, making for tremendous additional cash flow. Tenant rent has not been increased in many years, and are all below comparable rental rates. All leases are presently month to month. 2 units will be occupied and 4 will be vacant. Renovations have been made to 1 of the vacant units. Landlord pays water & heat for all units. Property has 7 separate electric meters - 6 separate meters for each unit and 1 meter for the storage units. Each tenant pays own electric, cable, and internet. Off street parking lot in back.
MDWA2023114
MLSⓇ ID
August 8, 2024
Listed
December 28, 2024
Updated
Map
42 East Ave
Hagerstown MD, 21740
Interior Features
Total Stories
4
Interior Features
Hardwood, Laminate
Floor Description
Hardwood, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Hot Water, Natural Gas
Exterior/Building Features
Lot Size
0.23 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Hagerstown
Taxes
$5,132
Tax Frequency
Annually
Days on Market
49
Garage
No
Parking
On Street
Parking Total
6
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/27/2024 | Sold | $435,000 |
10/31/2024 | Pending | — |
10/7/2024 | Price change | $489,900 -3% |
9/18/2024 | Active | — |
8/12/2024 | Under contract | — |
8/8/2024 | Active | — |
Listed by Keller Williams Realty Centre
Listing Contact: 3012752352
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/28/2024. 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.
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Data last updated on 12/28/2024 at 5:39 AM UTC
