505 West Church Street
$675,000
—
3,556
3,556
$190
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!
- 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
OwnershipFee Simple
Structure TypeDetached
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date11-18-2024
MunicipalityHagerstown
LISTING UPDATED: 11/25/2024 09:02 AM
Property Details for 505 West Church Street
Status | Active |
---|---|
MLS # | MDWA2025614 |
Days on Market | 33 |
Taxes | $4,710 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1905 |
Lot Size | 0.05 AC / 2,200 SF |
County | Washington 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
Property History for 505 West Church Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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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