505 W CHURCH STREET, Hagerstown, MD 21740

  • $675,000
505 W CHURCH STREET, Hagerstown, MD 21740
Active
505 W CHURCH STREET, Hagerstown, MD 21740
505 W CHURCH STREET, Hagerstown, MD 21740
  • $675,000

Overview

Property ID: MDWA2025616
  • Commercial Sale
  • Property Type
  • 3556
  • 0.05
  • Lot Acres
  • 1905
  • Year Built

Description

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!

  • Address 505 W CHURCH STREET
  • City Hagerstown
  • State/county MD
  • Zip/Postal Code 21740
  • Country US

Details

Updated on November 15, 2024 at 4:18 pm
  • Property ID: MDWA2025616
  • Price: $675,000
  • Property Size: 3556
  • Land Area: 0.05 Acres
  • Garage Size: x x
  • Year Built: 1905
  • Property Type: Commercial Sale
  • Property Status: Active

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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