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823 Virginia Avenue Hagerstown, MD $ 725,000
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$ 725,000 Get more info
823 Virginia Avenue
$ 725,000
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823 Virginia Avenue

Hagerstown, MD, 21740
$ 725,000
Baths0.0 Sq 4,560

Monthly Estimate*

$ 4,819

823 Virginia Avenue, Hagerstown, MD 21740 - Image 1
Studio

Commercial Property for sale in Hagerstown, MD

for $725,000. This 4,560 square foot building was built in 1922 on a lot size of 0.14.

Don't miss out on this unique investment opportunity! Secure a steady and prosperous income by owning this charming 8-unit low-rise apartment complex situated within walking distance of Hagerstown City Park. The property, built in 1922, boasts 8 cozy 1BR apartments, each around 675 sq. ft. Enjoy the convenience of off-street parking and an exceptional location. Nestled along Virginia Ave corridor on a spacious lot, the complex exudes a tranquil and secluded ambiance. Meticulously maintained, with a 7-year-old roof and newly replaced windows enveloping the exterior to minimize upkeep. Tenants handle their own electric bills as units are separately metered, making it a solid venture for investors.

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Commercial Contingent

Price

$ 725,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,204

Style

Apartment Building

Lot Size

0.14

Year Built

1922

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2017658
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning RMOD
Construction Materials Block Brick
Year Built 1922
Property SubType Five Or More Units
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Subdivision Name CITY PARK
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions SOUTH ON VIRGINIA AVE. (RT. 11) STAY RIGHT AFTER THE LIGHT ON HOWARD ST. PROPERTY ON RIGHT.
City HAGERSTOWN
Buyer Agent Compensation 2.5
Total Units 8
Lot Size Square Feet 6000.00
Waterfront Y/N N
Street Name VIRGINIA
Tax Annual Amount 5204.0
Price Per Sq Ft 158.99
Vacation Rental Y/N N
Days on Market 1
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 3
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Driveway On Street
Water View Y/N N
Building Area Total 4560.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 41000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 823
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* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$5,252
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,819
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/15/2023$725,000 Listed Price

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823 Virginia Avenue, Hagerstown, MD, 21740 is a Commercial Property for sale at $725,000 with 4,560 sqft and a lot size of 0.14. 823 Virginia Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 21740 which is in Hagerstown, MD

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