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Listed by Toby Wantz • Real Estate Today
$499,900
Est. payment /mo
6,840 Sqft Lot
Active
419 SUMMIT AVE Hagerstown, MD 21740
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWA2031026
Year Built 1922
Annual Tax Amount $4,406
Tax Year 2024
Lot Size 6,840 Sqft
Acres 0.16
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
New roof going on both front and rear buildings, along with new gutters and downspouts. The owner will consider holding owner financing. Owner is also selling 311 Summit Ave with 6 units, will do package deal. Great positive cashflow investment opportunity! Well maintained 3 unit apartment building in the front and a 2 unit over under apartment in the rear with alley access. Not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas forced air heat! Separate electric meters. Large backyard. Rent roll available upon request, Schedule a tour today!!
Location
State MD
County Washington
Zoning RMOD
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Bester
Middle Schools E. Russell Hicks School
High Schools South Hagerstown Sr
School District Washington County Public Schools
Others
Tax ID 2203011062
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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