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505 W Church Street

Hagerstown, MD 21740

– beds
– baths
3,556 sqft
2,200 sqft lot
$189 per sqft
1905 build

Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy. Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area. Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstown’s arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Don’t miss this chance to acquire a low-maintenance, high-potential property in a prime location!

Listing courtesy of BRIGHT / RG Realty, Inc.

Last checked: Checking… • Last updated Nov 15, 2024 •

MLS# MDWA2025614 —

The Building

Year Built:

1905
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Colonial
Building Units Total:

4
Accessibility Features:

None
Foundation Details:

Permanent, Block
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

3556

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3556
Living Area SqFt:

3,556 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

GPS
Latitude:

39.64854000
Longitude:

-77.72678000

The Property

Property Subtype:

Other
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot SqFt:

2,200 Sqft
Zoning:

RMED
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

M
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

2225025695
Tax Year:

2024
Tax Annual Amount:

$4,710
Tax Assessed Value:

$245,700
Year Assessed:

2024
County Tax:

2248.00
City/Town Tax:

2461.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Hot Water
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Washington County Public Schools
School District Source:

3rd Party

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Off Street, Parking Lot, Other

Extra Units

Vacation Rental:

No
Single Room Units:

2
Two Bedroom Units:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/15/24 Nov 15, 2024	Listed / Active	BRIGHT	$675,000

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This multifamily located in West End, Hagerstown, MD 21740 is currently for sale for $675,000. 505 W Church Street is a 3,556 square foot multifamily with – beds and – baths. 505 W Church Street is in the West End neighborhood of Hagerstown and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Salem Avenue Elementary School, South Hagerstown High School, and Western Heights Middle School.

Listing Courtesy of: BRIGHT and RG Realty, Inc..

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.