25 S LOCUST Street, Hagerstown, MD 21740
MULTI_FAMILY - HAGERSTOWN, MD
- Added:
- Nov 7, 2025
- Days on Market:
- 215
- Last Refresh:
- Jun 10 at 3:06 am
Property Features for 25 S LOCUST Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- Size
- 3,548 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4152
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1920
- Number of units
- 4
- Building materials
- Brick
Listing agent Paul Vincent Sneeringer III License #5003407 (571) 233-2763
Listing office Keller Williams Realty 11710 Plaza America Drive unit: 710, Reston, MD (703) 679-1700
Listing date Nov 7, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Four‑unit building: Ideal for investors seeking rental income.
- Downtown Hagerstown location: Convenient access to amenities and attractions.
- Off‑street parking: Provides tenants with secure and convenient parking.
- Well‑maintained: Suggests the property is in good condition.
- Two 1/1 bath units: Offers smaller, easily rentable units.
- Two 2/1 bath units: Provides larger units.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.5k | $16.20 |
| − Vacancy | −$4.3k | −$1.22 |
| EGI | $53.2k | $14.99 |
| − OpEx | −$16.0k | −$4.50 |
| NOI | $37.2k | $10.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.71861
- Latitude
- 39.64026
