Address
823 Virginia Avenue, Hagerstown, MD
Price
$ 725,000
Property Attributes
- MLS#MDWA2017658
- TypeContingent
- CountyWASHINGTON
- CityHagerstown
- NeighborhoodCity Park
- Zip21740
- StyleApartment Building
- Year Built1922
- Taxes$ 5204
- Price$ 725,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4560
- Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description
Don't miss out on this unique investment opportunity! Secure a steady and prosperous income by owning this charming 8-unit low-rise apartment complex situated within walking distance of Hagerstown City Park. The property, built in 1922, boasts 8 cozy 1BR apartments, each around 675 sq. ft. Enjoy the convenience of off-street parking and an exceptional location. Nestled along Virginia Ave corridor on a spacious lot, the complex exudes a tranquil and secluded ambiance. Meticulously maintained, with a 7-year-old roof and newly replaced windows enveloping the exterior to minimize upkeep. Tenants handle their own electric bills as units are separately metered, making it a solid venture for investors.
| Price History | |
|---|---|
| 9/15/2023 | Listed $725,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | None |
| Possession | Settlement |
| Zoning | RMOD |
| Construction Materials | Block,Brick |
| Year Built | 1922 |
| Property SubType | Five Or More Units |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building |
| Accessibility | None |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | CITY PARK |
| Water Access Y/N | No |
| Status | ACTIVE UNDER CONTRACT |
| Directions | SOUTH ON VIRGINIA AVE. (RT. 11) STAY RIGHT AFTER THE LIGHT ON HOWARD ST.,PROPERTY ON RIGHT. |
| ModificationTimestamp | 2024-04-16T12:31:00 |
| City | HAGERSTOWN |
| Buyer Agent Compensation | 2.5 |
| Total Units | 8 |
| Lot Size Square Feet | 6000.00 |
| Tax Assessed Value | 267033.0 |
| Waterfront Y/N | No |
| Street Name | VIRGINIA |
| Tax Annual Amount | 5204.0 |
| Price Per Sq Ft | 158.99 |
| Vacation Rental Y/N | No |
| Days on Market | 1 |
| Standard Status | Active Under Contract |
| Year Built Source | Estimated |
| Tax Lot | 3 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 3 |
| Type of Parking | Driveway,On Street |
| Land Use Code | 110 |
| Water View Y/N | No |
| Building Area Total | 4560.00 |
| Lot Size Acres | 0.14 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 41000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 21740
Price
Taxes
Visits
Year Built
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