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Listed by Roberto Gonzalez • RG Realty, Inc.
$740,000
Est. payment /mo
8,400 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWA2034284
Year Built 1880
Annual Tax Amount $3,721
Tax Year 2026
Lot Size 8,400 Sqft
Acres 0.19
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Turn-Key Investment Opportunity. Fully occupied six-unit mixed-use commercial building offering immediate and stable cash flow. The property includes a garage and a large on-site parking lot, both conveying with the sale, a valuable feature in this established mixed-use corridor.
The subject property is located near the center of Hagerstown in a well-established mixed-use area with consistent tenant demand. The asset has recently undergone significant capital improvements that enhance operational efficiency and reduce owner expenses. The former common heating system has been replaced with individual baseboard heating in each unit, allowing heating costs to be passed directly to the tenants and fully eliminating the owner's gas expense. All windows throughout the building have also been replaced, improving energy efficiency, tenant comfort, and long-term maintenance performance.
With 100 percent occupancy, a clean utility structure, on-site parking, and a garage, this property offers a true plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. Its proximity to ongoing neighborhood investment, including a new multi-use sports center stadium currently under construction, further supports long-term value and upside potential.
This is a solid, well-positioned asset in one of Hagerstown's established commercial and residential areas, well suited for investors focused on dependable cash flow and long-term appreciation.
The subject property is located near the center of Hagerstown in a well-established mixed-use area with consistent tenant demand. The asset has recently undergone significant capital improvements that enhance operational efficiency and reduce owner expenses. The former common heating system has been replaced with individual baseboard heating in each unit, allowing heating costs to be passed directly to the tenants and fully eliminating the owner's gas expense. All windows throughout the building have also been replaced, improving energy efficiency, tenant comfort, and long-term maintenance performance.
With 100 percent occupancy, a clean utility structure, on-site parking, and a garage, this property offers a true plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. Its proximity to ongoing neighborhood investment, including a new multi-use sports center stadium currently under construction, further supports long-term value and upside potential.
This is a solid, well-positioned asset in one of Hagerstown's established commercial and residential areas, well suited for investors focused on dependable cash flow and long-term appreciation.
Location
State MD
County Washington
Zoning R005
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2217006231
Ownership Fee Simple
Special Listing Condition Standard
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