115 King St, Hagerstown, MD 21740

$525,000

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List Price
$525,000
Days on Market
1
Status
ACTIVE
MLS#
MDWA2039598
Lot Size (Acres)
0.13
Year Built
1894
County
Washington
School District
Washington County Public Schools

Property Description

This 6 unit brick apartment building, built in 1894, offers a unique investment opportunity with significant potential returns. 4-1Bedroom units and 2 2 bedroom units. Situated on a 0.13-acre lot, it features a desirable city view, enhancing its appeal for future tenants or buyers. The property includes a detached garage with space for two vehicles, providing added convenience and value. Inside, a mix of hardwood, carpet, and vinyl flooring creates a versatile environment suitable for various uses. The property is well-maintained and fully occupied. With low owner expenses covering essential utilities such as gas, heat, and water, investors can expect a favorable cash flow. Located in a vibrant area with potential for growth, this property is ideal for those looking to capitalize on the increasing demand for residential rental. Its historic charm combined with modern functionality makes it a compelling choice for savvy investors seeking long-term appreciation and steady income.

Additional Information

Taxes
$4896
Stories
3
School District
Washington County Public Schools
Flooring
Hardwood, Carpet, Vinyl
Garage
Yes
Garage Spaces
2
View
City
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
Ceiling Fan(s), Window Unit(s)
Roof
Rubber
Utilities
Natural Gas Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Hagerstown Management Corporation. Contact: