838 HAMILTON Boulevard Hagerstown, MD 21742
MULTI_FAMILY - Colonial - HAGERSTOWN, MD
Property Features for 838 HAMILTON Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,626 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2948
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1913
- Number of units
- 2
- Building materials
- Brick, Stone
- Architectural style
- Colonial
Listing agent Brian Richards License #661852 (301) 800-9065
Listing office Mackintosh , Inc. 120 Oak Ridge Drive unit: 100, Frederick, MD (301) 790-1700
Listing date Apr 8, 2026
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.
Investment Insights
Based on property information with market context.
The asset is located in Hagerstown, Maryland, on Hamilton Boulevard. The offering consolidates sides 836 and 838, and the current configuration provides a mix of unit sizes within the same Colonial building.
For tenants and operators, the layout supports a multi-bedroom rental mix, including two one-bedroom units and a separate three-bedroom unit on side 838. Utility separation via individual electric meters and separate gas meters for each side can simplify billing and tenant turnover workflows. The property is described as fully rented, which may appeal to buyers seeking an income-producing residential rental setup in a maintained duplex configuration.
Key Highlights
- Colonial duplex in a convenient Hagerstown location.
- Well‑maintained property.
- Includes two sides (836 & 838) being sold together.
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 | $26.3k | $16.20 |
| − Vacancy | −$2.0k | −$1.22 |
| EGI | $24.4k | $14.99 |
| − OpEx | −$7.3k | −$4.50 |
| NOI | $17.1k | $10.49 |
