For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

104 Baltimore St Hagerstown, MD 21740

For Sale
$459,900

Six-unit brick building, high occupancy, strong rental income.

Property size:
4,287 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional investment opportunity presents a six-unit multi-family property ideally situated in downtown Hagerstown, MD, near the vibrant arts district. The property consists of a solid brick structure encompassing two buildings, 104 and 106 East Baltimore Street, each with three units. The total square footage is 4,287, situated on a 0.1-acre lot. The building boasts a newer roof, installed in 2004, and features steel emergency exit stairs, enhancing safety and compliance. Currently, five of the six units are occupied, generating consistent rental income. The sixth unit is typically rented for $750 per month, presenting immediate potential for increased revenue upon vacancy. Low utility costs for the owner are a significant advantage, with tenants responsible for their own electricity and heating. The partially finished basement offers potential for the addition of coin-operated laundry facilities, further increasing income streams. This property represents a compelling investment opportunity in a desirable location with strong rental demand and the potential for value appreciation. The solid construction and recent updates ensure long-term stability and minimal maintenance requirements. The property's proximity to the arts district adds to its appeal, attracting a diverse and stable tenant base. This is a turnkey investment ready for a new owner to capitalize on its existing income and future potential. The asking price is $459,900.

Property Features for 104 Baltimore St

General Information

Property type
Residential income properties
Square Feet
4,287 SF
Lot Size
4,356 SF

Building Details

Year Built
1913

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.71978
Latitude
39.63807

FAQs

What type of property is this?
Residential income property - Six-unit brick building, high occupancy, strong rental income.
Where is this residential income property located?
The property is located at 104 Baltimore St Hagerstown, MD.
What is the asking price?
The asking price for this property is $459,900.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message