Hagerstown, MD 21740,133 SUMMIT AVE
Hagerstown, MD 21740,133 SUMMIT AVE
Hagerstown, MD 21740,133 SUMMIT AVE
Hagerstown, MD 21740,133 SUMMIT AVE
Hagerstown, MD 21740,133 SUMMIT AVE
Hagerstown, MD 21740,133 SUMMIT AVE
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Listed by Roberto G. Gonzalez • RG Realty, Inc.
$ 759,000
Est. payment | /mo

14,810 SqFt


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$ 759,000
Est. payment | /mo
Save

14,810 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 14,810 sqft

Price per Sqft $51

MLS Listing ID MDWA2031348

Style Other

Abv Grd Liv Area 5,206

Year Built 1900

Annual Tax Amount $6,819

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Detached

Source BRIGHT

Property Description

This fully occupied seven unit apartment building in Hagerstown is a solid multifamily investment. It is licensed with the City of Hagerstown, current on lead certification, and professionally managed. Recent improvements include a new roof in 2022 and upgraded electric service with new meters.

The building offers one studio of about 500 square feet, two one bedroom apartments of about 615 square feet each, and four two bedroom apartments of about 850 square feet each, for a total of roughly 5,130 rentable square feet. A rear lot parks five vehicles, and a detached two car garage provides added income potential.

The property sits on a 0.34 acre lot directly across from the new Hagerstown Multi Use Sports and Events Facility and two blocks from Downtown. It is within walking distance of the Entertainment and Arts District, the Washington County Free Library, and City Park, and is served by the public bus line. With consistent occupancy, strong renter demand in this submarket, and limited new multifamily supply, the asset offers reliable cash flow today and attractive long term appreciation potential in Hagerstown.

Location

State MD

County Washington

Zoning RMED

Interior

Hot Water Natural Gas

Heating Steam

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Stone, Permanent, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

Middle Schools E. Russell Hicks School

High Schools South Hagerstown Sr

School District Washington County Public Schools

Others

Tax ID 2203008711

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)

GET MORE INFORMATION

agent
Rhonda Campbell

REALTOR® | Lic# 0225203339

+1(703) 798-8973

6363 Walker Ln Suite 130, Alexandria, VA, 22310

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133 SUMMIT AVE