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60 E Washington St
Hagerstown, MD 21740
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Lot Size | 5.91 AC |
| Property Type | Multifamily | Building Size | 11,586 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 0.86/1,000 SF |
| Zoning | C3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.91 AC |
| Building Size | 11,586 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | C3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Carpet
- Dining Room
- Family Room
ABOUT 60 E WASHINGTON ST , HAGERSTOWN, MD 21740
RG Realty is pleased to exclusively represent the seller on the sale of 60 E Washington st. and offer an opportunity to acquire an Improved 3-stories all brick, fully stabilized 6 unit apartment building located in downtown within central business district of the City of Hagerstown in Washington County. This investment opportunity offer an investor a steady income stream with very strong rental history and substantial long term upside, in addition to the 6 fully occupied apartments, there is a large detached 3200 Sq.f Garage currently occupied by a long term commercial tenant. All units enjoy separated electric service and central air conditioning. The units generally include a living room, kitchen, and 1.5 baths. We have observed three bedroom apartment units generate the most demand with rents generally ranging between $800 to $975 per unit per month. The population in the general area is considered to be of sufficient size, diversity, and financial ability to support the subject and similar properties. The rent includes water,trash and sewer, while the tenants pay for their own electric
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 22-016105 | Improvements Assessment | $510,800 |
| Land Assessment | $53,700 | Total Assessment | $564,500 |
PROPERTY TAXES
