Hagerstown, MD 21740,505 W CHURCH ST
Hagerstown, MD 21740,505 W CHURCH ST
Hagerstown, MD 21740,505 W CHURCH ST
Hagerstown, MD 21740,505 W CHURCH ST
Hagerstown, MD 21740,505 W CHURCH ST
Hagerstown, MD 21740,505 W CHURCH ST
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$ 675,000
Est. payment | /mo

3,556 SqFt


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$ 675,000
Est. payment | /mo
Save

3,556 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,556 sqft

Price per Sqft $189

MLS Listing ID MDWA2025616

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $4,710

Tax Year 2024

Lot Size 2,200 Sqft

Acres 0.05

Property 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!

Location

State MD

County Washington

Zoning RMED

Interior

Hot Water Electric

Heating Hot Water

Cooling Window Unit(s)

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Permanent, Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2225025695

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Roberto G. Gonzalez • RG Realty, Inc.
agent-avatar

+1(302) 245-7668

rakan.a@firststatehometeam.com

1521 Concord Pike, Suite 102, Wilmington, DE, 19803, United States

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505 W CHURCH ST