UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 8,524 sqft
Price per Sqft $93
MLS Listing ID MDWA2039250
Style Colonial
Abv Grd Liv Area 8,524
Year Built 1903
Annual Tax Amount $14,313
Tax Year 2025
Lot Size 0.257 Acres
Acres 0.26
Property Sub-Type Detached
Source BRIGHT
Property Description
The building has been meaningfully improved. The roof has been recently replaced, and the property carries all new replacement windows throughout, the two largest capital items on a building of this vintage. A buyer steps into that work rather than budgeting for it.
Underwriting reflects reported 2026 year to date results, annualized, plus owner paid real estate taxes of $14,313, insurance of $7,518, and a 7% management fee of $6,737. All in net operating income is approximately $53,261, a 6.66% capitalization rate at the $800,000 offering price.
Interior access to occupied units is available only after ratification, during the feasibility and due diligence period. The vacant unit is available for showing at any time to qualified, prequalified buyers. Do not disturb tenants.
Location
State MD
County Washington
Zoning RO
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Front Entry
Garage Spaces 2.0
Water Access N
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Private Pool No
Building
Foundation Block, Concrete Perimeter
Above Ground Finished SqFt 8524
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools North Hagerstown
School District Washington County Public Schools
Others
Tax ID 2222004328
Ownership Fee Simple
SqFt Source 8524
Special Listing Condition Standard
Nearby School & Business
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