201-213 Washington St Hagerstown, MD 21740
- Multifamily properties
Current Use by Public Records
- Multifamily properties
Property Details for 201-213 Washington St
- Year built
- 1914
- Property type
- Multifamily properties
Description
This exceptional investment opportunity presents a nine-unit multi-family portfolio ideally situated in downtown Hagerstown, Maryland. The portfolio comprises three separate buildings, each with its own tax record (2217003070, 2217014269, 2217014250), offering significant flexibility and potential. Over $500,000 has been invested in extensive renovations, bringing all units up to code and ready for immediate rental income. Improvements include complete electrical and plumbing overhauls, structural repairs, and roof replacements completed in 2024. 209 and 207 E Washington Street are currently receiving new baseboard heating systems. The portfolio includes a five-unit building at 201 E Washington Street, featuring four residential units and one commercial space. Several units boast full gut renovations, including new flooring, drywall, paint, and updated HVAC systems. A fully renovated three-bedroom, one-bathroom duplex at 207 E Washington Street features a new two-story deck, updated kitchen and bathroom, and new baseboard heating. The three-bedroom, two-bathroom duplex at 209 E Washington Street also underwent a complete gut rehab, including new bathrooms and a second-floor exit. A four-bedroom, two-bathroom duplex at 211 E Washington Street received significant upgrades, including electrical service, new subflooring, drywall, and framing for an additional approved bedroom
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7163
- Latitude
- 39.6399
