Active

505 W Church St

Hagerstown MD, 21740

$675,000


$189.82 per sqft

Active

8 Beds

3,556 sqft

Residential

Built in 1905

Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy.

Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area.

Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstown's arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Don't miss this chance to acquire a low-maintenance, high-potential property in a prime location!

MDWA2025614

MLS ID

November 15, 2024

Listed

November 25, 2024

Updated

Map

505 W Church St
Hagerstown MD, 21740

Interior Features

Bedrooms

8


Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Hot Water, Electric

Exterior/Building Features

Lot Size

0.05 Acres


Architectual Style

Colonial


Sewer

Public Sewer

School Information

School District

WASHINGTON COUNTY PUBLIC SCHOOLS

Other Property Details

Area Name

Hagerstown


Taxes

$4,710


Tax Frequency

Annually


Days on Market

11


Garage

No


Parking

Off Street


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/15/2024

Active

Listed by RG Realty, Inc.
Listing Contact: 3019910207 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/25/2024. 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 11/25/2024 at 2:42 PM UTC

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