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36-40 Potomac St Hagerstown, MD 21740

Sponsored
For Sale
$899,000

Prime Location, High Returns, Fully Leased

Property size:
7,850 SF

Description

Added:
Feb 3, 2025
Days on Market:
368
This exceptional mixed-use commercial building at 36-40 Potomac Street North in Hagerstown, Maryland, presents a lucrative investment opportunity. The property encompasses 7,850 square feet on a half-acre lot and features four updated residential apartments and two commercial spaces, all currently generating income from full occupancy. Recent improvements include a brand-new air conditioning system in one of the units. The building is in very good condition and benefits from twelve dedicated parking spaces at the rear, providing convenient access for residents and commercial tenants. Additional parking is available via a connection to city parking. Detailed financial information, including income and expense statements, is available upon request. The building has undergone renovations under the auspices of the City of Hagerstown, ensuring high-quality construction and modern amenities. Given the strong tenant occupancy and the prime Hagerstown location, this property offers a stable and potentially high-yielding investment. Please note that a 24-hour notice is required for all showings to allow for proper tenant notification. This is a rare opportunity to acquire a well-maintained, fully leased, mixed-use property in a desirable location. Serious inquiries only.

Property Features for 36-40 Potomac St

General Information

Property type
Residential income properties
Square Feet
7,850 SF
Lot Size
21,780 SF

Building Details

Year Built
1850

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Listing Contact
Alice Guy

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Current Use by Public Records

Multifamily properties

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Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.71929
Latitude
39.64278

FAQs

What type of property is this?
Residential income property - Prime Location, High Returns, Fully Leased
Where is this residential income property located?
The property is located at 36-40 Potomac St Hagerstown, MD.
What is the asking price?
The asking price for this property is $899,000.
More about this property
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