311 Summit Ave Hagerstown, MD 21740
Six-unit apartment building near City Park, fully occupied, positive cashflow.
Lot size:
0.15 AcresProperty Features for 311 Summit Ave
General Information
- Standard status
- Active
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1915
Source:
Corcoran
Listing Agency: REAL ESTATE TODAY Listing Agent: Toby W Wantz
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hagerstown Multifamily Investment Opportunity
This well-maintained six-unit apartment building presents a positive cashflow investment opportunity. The property is conveniently located near City Park, Meritus Park, the University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, and the Maryland Theatre, as well as various restaurants. The building is fully occupied and generates approximately $4,700 per month in income. Each unit features one bedroom and one bathroom. The property includes a large backyard and a detached garage. The building has natural gas radiant heat.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7273987
- Latitude
- 39.6378596
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FAQs
What type of property is this?
Apartment building - Six-unit apartment building near City Park, fully occupied, positive cashflow.
Where is this apartment building located?
The property is located at 311 Summit Ave Hagerstown, MD.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: - Positive cashflow investment opportunity with $4,700/month income.; - Fully occupied 6-unit apartment building.; - Convenient location near City Park, University of Maryland Hagerstown Campus, and other amenities.
