$358,000
SOLD SEP 22, 2025
Studio
-- Bath
2,578 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

6% Below List Price

51 Days on Market

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • Wood Siding
  • Window Unit Cooling System

About This Home

As of September 2025

INVESTMENT OPPORTUNITY – 5-Unit Multifamily with Value-Add Potential!
Located in the heart of Hagerstown, this five-unit property presents a compelling investment with significant upside potential. Currently fully rented, this property boasts a strong rental history, making it a reliable income generator.

Each unit is separately metered, with tenants responsible for electric and heat, keeping operating costs low. Private parking adds convenience for residents, while the property's solid bones make it an ideal candidate for minor updates to boost rental income. Simple upgrades and aligning rents with market rates could significantly enhance returns.

With its central location, strong rental demand, and room for value-add improvements, this property is a rare find. Whether you're an experienced investor or looking to grow your portfolio, this is an opportunity to capitalize on passive income and appreciation potential.

Last Agent to Sell the Property

Roberto Gonzalez

(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 06/22/2025

Last Buyer's Agent

James Mosby

(301) 797-2300 james.mosby@lnf.com Long & Foster Real Estate, Inc. License #643107

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1893

Lot Details

  • 5,100 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Siding
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2225006267

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,315

Year Built

Built in 1893

Lot Details

5,100 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1893
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 3007
  • Living Area Sq Ft: 2578
  • Price Per Sq Ft: 147.40
  • Above Grade Finished Sq Ft: 2578
  • Below Grade Sq Ft: 429
  • Total Below Grade Sq Ft: 429
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5100.00
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3315.00
  • Assessor Parcel Number: 2225006267
  • Tax Year: 2025

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $358,000 -5.8% $139 / Sq Ft
06/22/2025 06/22/25 For Sale $380,000 -- $147 / Sq Ft
Source: Bright MLS

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2029656

Bright MLS
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