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$675,000
3,556
square ft

505 W Church Street
Hagerstown, Maryland 21740

New / MLS #MDWA2025614 / Multiple Unit (2-4) / Hagerstown
Listing information updated 11/15/2024 at 10:41am
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!
Architecture Style:
Colonial
Cooling System:
Window Unit(s)
Heating System:
Hot Water
Pool:
No
Age:
119 Years
Water Front:
No
Square Feet:
3,556
Lot Size:
2200.00 Square Feet
Acreage:
0.05
Tax Amount:
$4,710
Tax Year:
2024
Zip Code:
21740
City:
Hagerstown
County:
Washington
School District(s):
WASHINGTON COUNTY PUBLIC SCHOOLS
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: RG Realty, Inc.

Listing Office Phone: 240.203.6393

Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.

$314,431
Average Sale Price
34
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 505 W Church Street, Hagerstown, MD 21740

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505 W Church Street is a multiple unit (2-4) currently listed at $675,000. This multiple unit (2-4) has been listed on RLAH @properties since November 15th, 2024 and was built in 1905.