Property profile

5 Conococheague St Williamsport, MD 21795

OFF-MARKET
Other investment properties
Property ID
US40-2377305
6,006 SF 0.05 ac lot Built 1919
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This multi-unit property in WILLIAMSPORT, MD consists of a total building area of 6,006 square feet on a 0.0485-acre lot, with retail space on the main level and residential units on the upper levels. The main level includes a vacant 1,660-square-foot retail space configured for a variety of business uses. The upper levels contain four residential apartments: two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The retail level was renovated and includes updates such as a roof replacement (2019), new HVAC equipment, a new hot water heater, new plumbing and electrical work, renovated interior walls and ceilings, new windows, bathroom improvements, added storage closets, crown molding and decorative beams, new paint, new oak shelving, and new LVP flooring with restoration of original wood elements; the basement area received extensive cleaning and sealing, and a new rear cellar retaining wall was installed.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1919
Construction BRICK
Total area 6,006 SF
Lot 0.05 ac (2,112 SF)
Zoning code TC
APN 02-006197
UPID US40-2377305

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Garden Center Landscaping

Location

5 Conococheague St Williamsport, MD 21795-1003
Williamsport metro Census 10802 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2021
Last sale
$325,000
2 recorded transactions
2021
$325,000
2003
$95,000

Zoning & alternative use

TC · Williamsport, MD
Zoning description

This district provides for the continuation of the Town's core area which generally contains a mixture of residential, commercial and public service uses.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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