311-313 Summit Ave - Apartments FOR SALE


Hagerstown, MD 21740- Historic Heights
$599,900 USD
301-992-5598
311-313 Summit Ave, Hagerstown, MD for Sale
$599,900 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

311-313 Summit Ave
Hagerstown, MD 21740
Historic Heights


OVERVIEW

Great positive cashflow investment opportunity! Well maintained 6 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas radiant heat! Each unit is 1 bedroom and 1 bathroom. Large backyard, detached garage. The owner will consider holding owner financing. Owner is also selling 419 Summit Ave with 5 units.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$86 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,983

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,851 SF

ZONING

CL

APN/PARCEL ID

03-001105

ASK ABOUT THIS PROPERTY

Toby WantzReal Estate TodayMore Info
301-992-5598

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Toby WantzReal Estate TodayMore Info
301-992-5598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.