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Property Overview: 412 N Potomac St is a two-story building located on a popular urban street in Hagerstown, Maryland. This property features a total of 5 units, comprising 4 spacious apartments and one large office space. Of the 4 apartments, 3 are 2-bedroom units, and 1 is a 1-bedroom unit. The 2-bedroom units are equipped with central air conditioning for added comfort. The property sits on a .441-acre parcel and includes a convenient parking lot at the rear of the building with 25 parking spaces, which could be rented out for additional income. Location and Amenities: The property boasts a prime location in close proximity to the vibrant Art & Entertainment District in Hagerstown. It is also within walking distance of the new University of Maryland, the new Public Library, and the new Maryland Theater, making it an attractive choice for tenants seeking convenience and access to cultural and educational amenities. Property Condition and Upgrades: Professionally owned and operated, the property has been well-maintained. Most apartments have undergone recent upgrades, including a roof replacement in 2007 and updates to plumbing and electrical systems. All units are separately metered for electric, providing the opportunity to increase rents without the need for additional improvements. The sidewalks and curbs are in good repair, and all windows have been replaced. While interior surfaces may vary from unit to unit, they are generally considered to be in good condition. Some units have received updates such as new carpet, refinished hardwood floors, or new appliances, ensuring they are in a satisfactory state of repair. Utilities and Services: Trash removal is efficiently managed by the city of Hagerstown, with the cost included in the quarterly water and sewer bill. Market Demand and Zoning: The property is located in a mixed-use neighborhood with a blend of residential and commercial uses. This area continues to experience demand for properties like this, attracting both local and out-of-town investors who are interested in purchasing and renovating similar buildings. The zoning and use are compliant with local ordinances, and the property is considered a legal, non-conforming grandfathered use, consistent with similar buildings in the city. This status has no negative impact on rental rates or property values. Investment Opportunity: 412 N Potomac St represents a compelling investment opportunity in a highly desirable location, offering a mix of rental units and an office space. With a strong historical performance and potential for rent increases, this property is well-positioned to generate consistent rental income and long-term capital appreciation.
Maryland - HagerstownProperty Overview: 412 N Potomac St is a two-story building located on a popular urban street in Hagerstown, Maryland. This property features a total of 5 units, comprising 4 spacious apartments and one large office space. Of the 4 apartments, 3 are 2-bedroom units, and 1 is a 1-bedroom unit. The 2-bedroom units are equipped with central air conditioning for added comfort. The property sits on a .441-acre parcel and includes a convenient parking lot at the rear of the building with 25 parking spaces which could be rented out for additional income. Location and Amenities: The property boasts a prime location in close proximity to the vibrant Art & Entertainment District in Hagerstown. It is also within walking distance of the new University of Maryland, the new Public Library, and the new Maryland Theater, making it an attractive choice for tenants seeking convenience and access to cultural and educational amenities. Property Condition and Upgrades: Professionally owned and operated, the property has been well-maintained. Most apartments have undergone recent upgrades, including a roof replacement in 2007 and updates to plumbing and electrical systems. All units are separately metered for electric, providing the opportunity to increase rents without the need for additional improvements. The sidewalks and curbs are in good repair, and all windows have been replaced. While interior surfaces may vary from unit to unit, they are generally considered to be in good condition. Some units have received updates such as new carpet, refinished hardwood floors, or new appliances, ensuring they are in a satisfactory state of repair. Utilities and Services: Trash removal is efficiently managed by the city of Hagerstown, with the cost included in the quarterly water and sewer bill. Market Demand and Zoning: The property is located in a mixed-use neighborhood with a blend of residential and commercial uses. This area continues to experience demand for properties like this, attracting both local and out-of-town investors who are interested in purchasing and renovating similar buildings. The zoning and use are compliant with local ordinances, and the property is considered a legal, non-conforming grandfathered use, consistent with similar buildings in the city. This status has no negative impact on rental rates or property values. Investment Opportunity: 412 N Potomac St represents a compelling investment opportunity in a highly desirable location, offering a mix of rental units and an office space. With a strong historical performance and potential for rent increases, this property is well-positioned to generate consistent rental income and long-term capital appreciation.
Maryland - HagerstownWe are delighted to present 1301 Virginia Ave, Hagerstown, MD, as a compelling investment opportunity. This property embodies the promise of a strategic...
Maryland - HagerstownExclusive Off-Market Opportunity: 12-Unit, 1-Bedroom Brick Apartment Complex with Separate Metering, Lead-Free, and Close to Future Multi-Use Stadium Capture this...
Maryland - HagerstownNO CITY TAXES and priced to sell! This fantastic investment opportunity on 2.46 level acres has endless possibilities. Location is key and this property...
Maryland - HagerstownWelcome to this stunning all brick corner multifamily apartment building, comprised of 6 apartments, three two bedrooms, and three one bedrooms, situated at the...
Maryland - Hagerstown2 Homes for price of one. Two 3 Bedroom Brick Duplexes, side by side. This property has subdivision potential, that could create even more equity....
Maryland - Hagerstown+/- 41,436 SF of well-maintained, class A+ professional space located in Cambridge, MD. This competitively priced, 3-story, all brick building features multiple...
Maryland - CambridgeLooking for a new venture? New growing business currently operating as a resale store and cafe with beer/wine license.......4000 sqft building with full commercial...
Maryland - RidgelyMust have proof of funds or pre-approval, serious buyers only. Tenants require 48 hrs notice prior to showing. Attention Investors!! This Commercial / Residential property...
Maryland - CumberlandCOMMERCIAL land in a HIGH TRAFFIC volume location! Centrally located in Cresaptown MD and serving as a corridor to Cumberland(north), Lavale(west),...
Maryland - CumberlandThriving vacation rental or your ISLAND DREAM HOME you choose! Coastal Island Living at the Bayside Bungalow! RELAX while you turn back time and enjoy chasing the...
Md - Fishing creekPrice Reduction, motivated seller!! Unique opportunity for commercial multi use and residential zoned property situated on a nice...
Maryland - CambridgeWAA69486495 - Built in 1905. The craftsmanship of this estate reflects the timeless architecture of Barnett, Haynes and Barnett. Situated on 9.85 acres this AWESOME...
Maryland heightsCactus frontage!!!, Booming south area of town, block from St. Rose Pkwy. 3.79 acres, Double section corner on the SW corner of Cactus and Maryland. Very low inventory left for Commercial...
Las vegas - 0 cactus unit 254124910,018 Square Foot (0.23 Acre) Parcel on Howard Street in the Heart of La Plata. Property is Zoned CB (Central Business) with Extensive Plans to...
Maryland - La plataThis is part of the building at 914 Eastern Shore Drive. The property was originally a body shop facility in two sections. The "A" section at 914...
Maryland - SalisburyAvailable as soon as it needs to be, as the current tenant has agreed to move out on an as needed basis. The turn key space includes a small conference room, kitchenette,...
Maryland - EastonTwo spaces available on Idlewild in the center of Easton's medical community! Unit 3 offers 3311 sq. ft. with 8 offices plus large reception area and a huge open...
Maryland - EastonI'm pleased to highlight that this property represents a turn-key investment, presently generating a monthly income of $11,000. Discover the potential...
Maryland - HagerstownI want to get mails about Recently added "commercial property maryland" ads.
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