505 West Church Street

Hagerstown, MD 21740

$675,000
Price
—
Beds
3,556 Sq. Ft.
$190 / Sq. Ft.
3,556
Sq. Ft.
$190
per Sq. Ft.

Description

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...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!
  1. Listed by Roberto G. Gonzalez • RG Realty, Inc.
    P: (301)-991-0207 roberto@rgrealtyinc.com

Property Details for 505 West Church Street

Tax ID Number
2225025695
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
11-18-2024
Municipality
Hagerstown
LISTING UPDATED: 11/15/2024 11:18 AM

Property Details for 505 West Church Street

StatusActive
MLS #MDWA2025614
Days on Market3
Taxes$4,710 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1905
Lot Size0.05 AC / 2,200 SF
CountyWashington County

Building Information for 505 West Church Street

Stories-Residences4Year Built1905Building Size-Lot Size0.05 AC / 2,200 SF

Property Information for 505 West Church Street

Location
Location
  • In City Limits: Yes
  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138761341
  • SchoolDistrictSource: 3rd Party
  • 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: $245,700
  • Year Assessed: 2024
  • County Tax: $2,248
  • Improvement Assessed Value: $171,900
  • City Town Tax: $2,461
  • Land Assessed Value: $40,000
  • Clean Green Assessed: No
  • Land Use Code: M
  • Zoning: RMED
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 2
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,556.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 11628581
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot, Other
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Pen-Mar REALTORS
  • List Agent URL: Hagerstowncommercialrealestate.com

Property History for 505 West Church 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 505 West Church Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,094 ($174 / month)
Home Facts
Total Finished SqFt3,556 SqFtAbove Grade Finished SqFt3,556 SqFtStories2Lot Size2,200 SqFtStyleMulti-Family Dwelling (2-4)Year Built1905ZoningRMEDCountyWASHINGTONAPN25-025695

Schools near 505 West Church Street

This home is within Washington County Public Schools.
Rating
School
Type
Grades
Distance
Salem Avenue Elementary School
Public - PK to 5
Western Heights Middle School
Public - 6 to 8
South Hagerstown High School
Public - 9 to 12
Barbara Ingram School For The Arts
Public - 9 to 12
Rating
School
Distance
Salem Avenue Elementary School
PublicPK to 5

Western Heights Middle School
Public6 to 8

South Hagerstown High School
Public9 to 12

Barbara Ingram School For The Arts
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.

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More information about 505 West Church Street, Hagerstown, MD 21740

505 West Church Street is a multi-family home for sale in Hagerstown, MD 21740. This property was listed for sale on November 15, 2024 by RG Realty, Inc., it's currently listed at $675,000. It has been on the market for a total of 3 days and was last sold on April 29, 2022. This listing's school district is Washington County Public Schools. Nearby schools include Salem Avenue Elementary School, Western Heights Middle School and South Hagerstown High School. 505 West Church Street is a 0-bed, 0-bath, 3,556 sqft multi-family home built in 1905.

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 RG Realty, Inc.

© 2024 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 11/15/2024 11:18 AM