671 HIGHLAND Way Hagerstown, MD 21740

Building Details

Year Built

1900

Listing Agency Coldwell Banker Innovations a***@cbimove.com Show Phone

Listed by Alice J Guy · License #80505 Show Phone

Source Elliman

Added: Apr 13 Checked: Jul 14 at 1:58 pm

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Investment Insights

Based on property information with market context.

This multifamily property is located within walking distance of Hagerstown City Park. The property features five units, all of which are currently rented. All leases are yearly except one, which is month to month. New rear steps are currently being installed. The property has a bike score of 71, indicating it is very bikeable, a walk score of 89, indicating it is very walkable, and a transit score of 30, indicating some transit options are available. The property has been under the same ownership for years.

Key Highlights

• Prime Location: Walking distance to Hagerstown City Park.
• High Income Potential: 9% CAP Rate.
• Fully Rented: All five units are currently occupied.

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FAQs

What type of property is this?

Apartment building - Five fully rented units near Hagerstown City Park.

Where is this apartment building located?

The property is located at 671 HIGHLAND Way Hagerstown, MD.

What is the asking price?

The asking price for this property is $574,900.

What are key features of this property?

This property features: Prime Location: Walking distance to Hagerstown City Park.; High Income Potential: 9% CAP Rate.; Fully Rented: All five units are currently occupied.