$ 759,000
-
$759,000
Price -
10
Bed - Bath
-
5,206
SqFt
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About the Listing RGRE1 - 124248
This fully occupied seven unit apartment building in Hagerstown is a solid multifamily investment. It is licensed with the City of Hagerstown, current on lead certification, and professionally managed. Recent improvements include a new roof in 2022 and upgraded electric service with new meters. The building offers one studio of about 500 square feet, two one bedroom apartments of about 615 square feet each, and four two bedroom apartments of about 850 square feet each, for a total of roughly 5,130 rentable square feet. A rear lot parks five vehicles, and a detached two car garage provides added income potential. The property sits on a 0.34 acre lot directly across from the new Hagerstown Multi Use Sports and Events Facility and two blocks from Downtown. It is within walking distance of the Entertainment and Arts District, the Washington County Free Library, and City Park, and is served by the public bus line. With consistent occupancy, strong renter demand in this submarket, and limited new multifamily supply, the asset offers reliable cash flow today and attractive long term appreciation potential in Hagerstown.
Listing Highlights for 133 Summit Ave
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
MDWA2031348
Year Built
1900
Total Square Footage
5,206
Lot/Acreage
0.34
County
Washington
School District
Washington County Public Schools
Middle School
E. Russell Hicks School
High School
South Hagerstown Sr
Interior Details
- Bedrooms: 10
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5206
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RMED
- Roof:
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Off Site
Financial Details
- Tax Amount: $6,819
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
133 Summit Ave Hagerstown, MD 21740
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