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601 Highland Way 8 Unit Apartment Building $625,000 ($78,125/Unit) Hagerstown, MD 21740
Investment Highlights
- Fully occupied five-unit multifamily property.
- Off-street parking available for residents.
- Convenient access to downtown Hagerstown amenities.
- Located one block from Hagerstown City Park.
- Historic building with established residential use.
- Near Interstate 70 and Interstate 81 transportation corridors.
Executive Summary
FULLY RENTED FIVE (5) UNIT! Covered front porch, off street parking, 1 Block from beautiful City Park with walking trails, multiple ponds and playgrounds. Call for details and to schedule a tour!
Property Facts
| Price | $625,000 | Apartment Style | Low-Rise |
| Price Per Unit | $78,125 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.45 AC |
| No. Units | 8 | Building Size | 14,106 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1870 |
| Zoning | R1 - R-1 Residential zoning permitting single-family detached homes and customary residential accessory uses, subject to local regulations. | ||
| Price | $625,000 |
| Price Per Unit | $78,125 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 14,106 SF |
| No. Stories | 3 |
| Year Built | 1870 |
| Zoning | R1 - R-1 Residential zoning permitting single-family detached homes and customary residential accessory uses, subject to local regulations. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 03-008258 | Improvements Assessment | $198,700 |
| Land Assessment | $54,700 | Total Assessment | $253,400 |
Property Taxes
Parcel Number
03-008258
Land Assessment
$54,700
Improvements Assessment
$198,700
Total Assessment
$253,400
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Contact the Sale Advisor
601 Highland Way