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400 Mitchell Avenue

HAGERSTOWN, MD 21740
  • $775,000
  • STATUS: Active Under Contract
  • ON SITE: 164 Days
  • ID#: MDWA2014276
Under Contract
UPDATED: 22 min ago
$775,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1904
County:

School Ratings & Info

Description

Introducing an exceptional investment opportunity in Hagerstown - an 8-unit purpose-built brick property that is sure to impress investors seeking a lucrative income-generating asset. This property boasts a prime location in a growing area with high demand for rental units, offering a reliable source of income for years to come.Each unit features a spacious layout, with finishes and amenities to attract quality tenants. The property has been designed with durability and low maintenance in mind, providing a hassle-free investment opportunity that is sure to maximize your return on investment.Furthermore, Hagerstown has been experiencing a steady rise in population and job growth, making it a desirable location for both renters and investors. With a low vacancy rate and strong rental demand, this property is poised to deliver stable cash flow and long-term appreciation potential.Don't miss out on this incredible opportunity to own a quality, purpose-built investment property in Hagerstown, MD. Contact us today to learn more about this exceptional asset and how it can enhance your investment portfolio.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Advance Realty Bel Air, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-23T17:53:08.107.
www.advance175.com/homes/138456523
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400 Mitchell Avenue HAGERSTOWN, MD 21740

  • Price: $775,000
  • Status: Active Under Contract
  • On Site: 164 Days
  • Updated: 22 min ago
  • ID#: MDWA2014276
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1904
Built
County:
Washington
School District:
Washington County Public Schools
Property Description
Introducing an exceptional investment opportunity in Hagerstown - an 8-unit purpose-built brick property that is sure to impress investors seeking a lucrative income-generating asset. This property boasts a prime location in a growing area with high demand for rental units, offering a reliable source of income for years to come.Each unit features a spacious layout, with finishes and amenities to attract quality tenants. The property has been designed with durability and low maintenance in mind, providing a hassle-free investment opportunity that is sure to maximize your return on investment.Furthermore, Hagerstown has been experiencing a steady rise in population and job growth, making it a desirable location for both renters and investors. With a low vacancy rate and strong rental demand, this property is poised to deliver stable cash flow and long-term appreciation potential.Don't miss out on this incredible opportunity to own a quality, purpose-built investment property in Hagerstown, MD. Contact us today to learn more about this exceptional asset and how it can enhance your investment portfolio.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8628.00 Cooling None Flooring HardwoodVinylLaminatedCeramic Tile Heating Hot Water Heating YN Yes Net Square Feet 8628.00 Security Features Smoke Detector

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel None Foundation Details Permanent Heating Fuel Electric Historic YN No Hot Water Electric Municipality Hagerstown Navigable Water YN N New Construction YN No Number Of Units Total 8 Original MLSNumber 802266113714 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 6658.00 Tax Assessment Amount 456800.00 Vacation Rental YN No Water Source Public Zoning Rmed

Listing courtesy of Exp Realty, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Advance Realty Bel Air, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-23T17:53:08.107.
 
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Advance Realty Bel Air, Inc
2021A Emmorton Rd., Suite 220
Bel Air MD, 21015