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    228 Summit Avenue

    HAGERSTOWN, MD 21740
    • $1,624,000
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: MDWA175536
    Price Reduced
    UPDATED: 54 min ago
    $1,624,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    RARE OPPORTUNITY TO ACQUIRE MULTIFAMILY PORTFOLIO! This multiple building residential rental portfolio is comprised of four unique apartment buildings and a total of thirty-five units. Unit mix is a combination of two bedrooms, one bath and one bedroom one bath in various sizes. The properties are centrally located near Hagerstown+GGs City Center and offer ample opportunity for potential value-add with renovations and lease ups. Many units are leased below current market. Inventory is extremely low both for multifamily buildings to purchase and for available rental units. All property tours will be virtual until contract acceptance and then in person tours can be arranged with the Berkshire Hathaway HomeServices Bowen Realty listing agent. At no time shall the tenants, on-site management or staff be contacted without prior approval. Priced at just below $50,000 per door, this opportunity won+GGt last!This portfolio includes the sale of 228-230 Summit Avenue, 441 North Potomac Street, 400-402 Mitchell Avenue, and 618-620 West Washington Street all in Hagerstown Maryland.+GG

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | Keller Williams Legacy. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-01-18T10:53:17.387.
    www.baltimorehousehunters.com/homes/111310835
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    228 Summit Avenue HAGERSTOWN, MD 21740

    • Price: $1,624,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: MDWA175536
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1900
    Built
    County:
    Washington
    School District:
    Washington County Public Schools
    Property Description
    RARE OPPORTUNITY TO ACQUIRE MULTIFAMILY PORTFOLIO! This multiple building residential rental portfolio is comprised of four unique apartment buildings and a total of thirty-five units. Unit mix is a combination of two bedrooms, one bath and one bedroom one bath in various sizes. The properties are centrally located near Hagerstown+GGs City Center and offer ample opportunity for potential value-add with renovations and lease ups. Many units are leased below current market. Inventory is extremely low both for multifamily buildings to purchase and for available rental units. All property tours will be virtual until contract acceptance and then in person tours can be arranged with the Berkshire Hathaway HomeServices Bowen Realty listing agent. At no time shall the tenants, on-site management or staff be contacted without prior approval. Priced at just below $50,000 per door, this opportunity won+GGt last!This portfolio includes the sale of 228-230 Summit Avenue, 441 North Potomac Street, 400-402 Mitchell Avenue, and 618-620 West Washington Street all in Hagerstown Maryland.+GG
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types On StreetDriveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 10560.00 Cooling Window Unit(S) Heating Baseboard - Electric Heating YN Yes Net Square Feet 10560.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Incorporated City Name Hagerstown Navigable Water YN N New Construction YN No Number Of Units Total 8 Original MLSNumber 304370490103 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 6630.00 Tax Assessment Amount 337067.00 Tax Lot 4 Vacation Rental YN No Water Source Public Zoning Rmed

    Listing courtesy of Berkshire Hathaway Home Services Bowen Realty.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | Keller Williams Legacy. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-01-18T10:53:17.387.
     
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    The Schiff Home Team | Keller Williams Legacy
    9505 Reisterstown Rd Ste 1S
    Owings Mills MD, 21117