228-230 Summit Ave 6 Unit Apartment Building $675,000 ($112,500/Unit) Hagerstown, MD 21740
EXECUTIVE SUMMARY
Well maintained fully occupied income producing 6 unit building with additional 3 storage units available within walking distance of new stadium in Hagerstown. All apartments are spacious 2 bedroom, 1 bathroom with new windows and hardwood floors throughout. Electric baseboard heating. Tenants pay electric. Owner owned coin op laundry onsite for tenant convenience and additional income. Owner pays common area electric, natural gas hot water, water/sewer/trash, landscaping & snow removal.
PROPERTY FACTS
| Price | $675,000 |
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 10,560 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | RMED |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 of 1
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 03-017494 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $369,000 |
