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505 W CHURCH STREET
HAGERSTOWN MD 21740 US

$675,000

Active Listing ID MDWA2025616
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Lot: 0.05 Acres
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Other

$675,000

Active Listing ID MDWA2025616
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505 W CHURCH STREET 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!

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Property Features

  • Facts
  • Lot Size: 0.05 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Hot Water

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 675000
  • unparsedaddress: 505 W CHURCH STREET
  • postalcity: HAGERSTOWN
  • stateorprovince: MD
  • country: US
  • postalcode: 21740
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.05
  • lotsizeunits: Acres
  • lotsizearea: 0.05
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.64854
  • longitude: -77.72678
  • listagentfullname: Roberto Gonzalez
  • listagentemail: roberto@rgrealtyinc.com
  • listagentkey: 3yd-TRENDPA-124248
  • listagentmlsid: 124248
  • listagentpreferredphone: 2402036393
  • listagentofficephone: 2402036393
  • listofficekey: 3yd-TRENDPA-RGRE1
  • listofficemlsid: RGRE1
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1905
  • listingcontractdate: 2024-11-15
  • countyorparish: WASHINGTON
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Brick
  • heating: Hot Water
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -77.72678, 39.64854
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RG Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"roberto@rgrealtyinc.com", "ListBrokerageCity":"SMITHSBURG", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jerry@rgrealtyinc.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RG Realty, Inc.", "ListBrokeragePhone":"(240) 329-9454", "ListBrokeragePostalCode":"21783", "ListBrokerageStateOrProvince":"MD", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5 SOUTH MAIN ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"12907 Oak Hill AVENUE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Hagerstown", "ListOfficeCountry":"US", "ListOfficeEmail":"jerry@rgrealtyinc.com", "ListOfficePostalCode":"21742", "ListOfficeStateOrProvince":"MD", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - HAGERSTOWN, MD", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/MDWA2025616/?channel=rexren", "MLSModificationTimestamp":"2024-11-15T11:18:42Z", "Neighborhoods":[{"Description":null, "Name":"Hagerstown"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4710, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/15/2024 6:13:22 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Roberto Gonzalez, RG Realty, Inc., roberto@rgrealtyinc.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.