311 SUMMIT Ave, Hagerstown, MD 21740

Building Details

Year Built

1915

Listing office REAL ESTATE TODAY t***@yahoo.com Show Phone

Listing date Mar 12, 2026

Source Elliman

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Overview

This well-maintained six-unit apartment building presents a positive cash flow investment opportunity. The property is situated not far from 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.

Suggested Use

Dental Office Clothing & Fashion Store (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Nursing Home Locksmith

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

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, generating positive cash flow.

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 monthly income.; Fully occupied 6‑unit apartment building.; Convenient location near City Park, University of Maryland Hagerstown Campus, and other amenities.