335 North Potomac Street

Hagerstown, MD 21740

$599,000
Price
Beds
5,304 Sq. Ft.
$113 / Sq. Ft.
5,304
Sq. Ft.
$113
per Sq. Ft.

Description

4-Unit Apartment Building – Prime Investment Opportunity in Hagerstown
Located near all the action in downtown Hagerstown, this fully occupied 4-unit apartment building offers an exceptional opportunity for investors or owner-occupants. Each spacious unit features tall ceilings and generous square footage, making them highly desirable for tenants. Each unit has 2 bedrooms and 1 bath. One unit has an additional den. The property is consistently in demand, maintaining 100% occupancy, with great potential
...4-Unit Apartment Building – Prime Investment Opportunity in Hagerstown

Located near all the action in downtown Hagerstown, this fully occupied 4-unit apartment building offers an exceptional opportunity for investors or owner-occupants. Each spacious unit features tall ceilings and generous square footage, making them highly desirable for tenants. Each unit has 2 bedrooms and 1 bath. One unit has an additional den. The property is consistently in demand, maintaining 100% occupancy, with great potential to increase rental income over time. The property includes a coin-operated laundry system that generates an additional $200 in monthly income. Parking is a breeze with ample space in the back, including two enclosed garages. The basement provides substantial storage space, adding to the property’s overall appeal. Recent updates, including a new water heater and a roof in excellent condition, make this a low-maintenance investment. With its strong cash flow, potential for rent growth, and unbeatable location, this property is a rare gem for anyone looking to expand their portfolio or enjoy the benefits of living in one unit while renting the others. Check out flyer in documents. Contact us today to schedule a private tour and learn more about this incredible opportunity!
  1. Listed by Laura Hartley • Fairfax Realty Premier
    P: (202)-489-2315 lechartley@gmail.com

Property Details for 335 North Potomac Street

Tax ID Number
2225005643
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
Yes
Municipality
Hagerstown
Total Parking Spaces
2
LISTING UPDATED: 01/02/2025 04:31 PM

Property Details for 335 North Potomac Street

StatusActive
MLS #MDWA2026324
Days on Market6
Taxes$4,102 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1874
Lot Size0.23 AC / 9,840 SF
CountyWashington County

Building

NONE AVAILABLE

3 StoriesBuilt in 1874

Building Information for 335 North Potomac Street

Stories3Residences-Year Built1874Building Size-Lot Size0.23 AC / 9,840 SF

Property Information for 335 North Potomac Street

Location
Location
  • In City Limits: Yes
  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138761341
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $213,967
  • Year Assessed: 2024
  • County Tax: $1,958
  • Improvement Assessed Value: $139,900
  • City Town Tax: $2,143
  • Land Assessed Value: $44,800
  • Clean Green Assessed: No
  • Land Use Code: M
  • Zoning: RO
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Water, Trash Collection
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $50,640
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 5,304.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 11622586
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Garage, Driveway, Parking Lot
  • Parking Garage - # of Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Other
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Stove, Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 335 North Potomac Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 335 North Potomac Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,824 ($152 / month)
Home Facts
Total Finished SqFt5,304 SqFtAbove Grade Finished SqFt5,304 SqFtStories3Lot Size9,840 SqFtStyleMulti-Family Dwelling (2-4)Year Built1874ZoningROCountyWASHINGTONAPN25-005643

Schools near 335 North Potomac Street

This home is within Washington County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Ruth Ann Monroe Primary
PublicPK to 2

Eastern Elementary School
Public3 to 5

Northern Middle School
Public6 to 8

North Hagerstown High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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335 North Potomac Street is a multi-family home for sale in Hagerstown, MD 21740. This property was listed for sale on January 1, 2025 by Fairfax Realty Premier, it's currently listed at $599,000. It has been on the market for a total of 6 days and was last sold on July 20, 2021. This listing's school district is Washington County Public Schools. Nearby schools include Ruth Ann Monroe Primary, Eastern Elementary School and Northern Middle School. 335 North Potomac Street is a 0-bed, 0-bath, 5,304 sqft multi-family home built in 1874.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fairfax Realty Premier

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 01/02/2025 04:31 PM