Skip To Content

42 East Avenue

HAGERSTOWN, MD 21740
  • $489,900
  • STATUS: Active
  • ON SITE: 66 Days
  • ID#: MDWA2023114
Price Reduced
UPDATED: 59 min ago
$489,900
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1904
County:

School Ratings & Info

Description

This 6 unit apartment building located in Hagerstown, MD is a fantastic opportunity to build equity and generate immediate cash flow! This property has 8 mini storage units in the rear of the property as well that are all currently rented, making for tremendous additional cash flow. Tenant rent has not been increased in many years, and are all below comparable rental rates. All leases are presently month to month. 2 units will be occupied and 4 will be vacant. Renovations have been made to 1 of the vacant units. Landlord pays water & heat for all units. Property has 7 separate electric meters - 6 separate meters for each unit and 1 meter for the storage units. Each tenant pays own electric, cable, and internet. Off street parking lot in back.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-13T14:53:10.86.
www.suresalesgroup.com/homes/153413659
Print Image

42 East Avenue HAGERSTOWN, MD 21740

  • Price: $489,900
  • Status: Active
  • On Site: 66 Days
  • Updated: 59 min ago
  • ID#: MDWA2023114
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1904
Built
County:
Washington
School District:
Washington County Public Schools
Property Description
This 6 unit apartment building located in Hagerstown, MD is a fantastic opportunity to build equity and generate immediate cash flow! This property has 8 mini storage units in the rear of the property as well that are all currently rented, making for tremendous additional cash flow. Tenant rent has not been increased in many years, and are all below comparable rental rates. All leases are presently month to month. 2 units will be occupied and 4 will be vacant. Renovations have been made to 1 of the vacant units. Landlord pays water & heat for all units. Property has 7 separate electric meters - 6 separate meters for each unit and 1 meter for the storage units. Each tenant pays own electric, cable, and internet. Off street parking lot in back.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking LotOn Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8181.00 Cooling Window Unit(s) Flooring HardwoodLaminated Heating Hot WaterRadiator Heating YN Yes Net Square Feet 8181.00

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality Hagerstown Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 803205950082 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5132.00 Vacation Rental YN No Water Source Public Zoning RMED

Listing courtesy of Keller Williams Realty Centre: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-13T14:53:10.86.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_803205950082-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_803205950082-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_803205950082-2.jpg
Logo
SURE Group | Berkshire Hathaway Home Services Homesale Realty
3500 Boston Street
Baltimore MD, 21224