12-Unit Apartment
For Sale
Contact for pricing
Pending
224 Summit Ave, Hagerstown, MD 21740
One-bedroom residences near City Park with garages, carports, and updated building systems.
Property SizeContact for details
Days on Market143
Property Features for 224 Summit Ave
General Information
Standard status
Pending
Total Parking Spaces
7
Property subtype
Multifamily
Units
Unit Mix
12 x 1BR/1BA
Multifamily Units
12
Additional Details
Gross Income
$132,000
Utilities to Site
Yes
Amenities
washer and dryer
Listing Agency:
RG Realty Inc
(240) 203-6393
Listed By:
Roberto Gonzalez · License #MD 598229
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RG Realty Inc
Investment Insights
Based on property information with market context.
This multifamily property contains 12 one-bedroom, one-bath apartments at 224 Summit Ave in Hagerstown. Recent improvements include new toilets and mini-split systems in every unit, along with updated plumbing and electrical systems. The basement has been waterproofed and equipped with commercial dehumidifiers, while the rear deck and fire escape were restored for code compliance. Shared areas, including the garage and basement, have also been cleaned, and the communal room includes a washer and dryer.
Tenant parking is provided through three garages and four carports. City Park is located one block away, and a multipurpose sports center stadium is currently underway nearby. An existing rental organization handles maintenance, repairs, and property management, with utility expenses remaining the owner's responsibility.
Tenant parking is provided through three garages and four carports. City Park is located one block away, and a multipurpose sports center stadium is currently underway nearby. An existing rental organization handles maintenance, repairs, and property management, with utility expenses remaining the owner's responsibility.
Key Highlights
- 12 one‑bedroom, one‑bath apartments
- Three garages and four carports provide tenant parking
- New toilets and mini‑split systems installed in every unit
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
Explore this area
Business Placement
Demographics for 21740, MD
65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom residences near City Park with garages, carports, and updated building systems.
Where is this apartment building located?
The property is located at 224 Summit Ave Hagerstown, MD.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bath apartments; Three garages and four carports provide tenant parking; New toilets and mini‑split systems installed in every unit
