505 W Church St, Hagerstown, MD 21740 | Expired

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  • (0)
  • 4 Units
  • 3,556 Sq Ft
  • 2,200 Sq Ft
  • Unknown Cap Rate
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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 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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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $675,000
Property Type Other
Usable Sqft 3,556
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1905
Last Sold Unknown
Sold Price Unknown
APN # 2225025695
MLS # MDWA2025614
Property ID 321049422
Lot Sqft 2,200
Zoning RMED
Total Units 4
Date Updated November 25, 2024
Date Created November 14, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Roberto G. Gonzalez an agent of . Lic #598229


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Data last updated: February 13, 2026.
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