60 E Washington St Hagerstown Md

60 E Washington St, Hagerstown, MD 21740, USA

SOLD - MultiFamily

1009914036 7,650 Sq ft 0 # Units 0 Bathroom 0 Garage

60 E Washington St Hagerstown Md – RG Realty is pleased to exclusively represent the seller on the sale of 60 E Washington st. and offer an opportunity to acquire an Improved 3-stories all brick, fully stabilized 6 unit apartment building located in downtown within central business district of the City of Hagerstown in Washington County. This investment opportunity offer an investor a steady income stream with very strong rental history and substantial long term upside, in addition to the 6 fully occupied apartments, there is a large detached 3200 Sq.f Garage currently occupied by a long term commercial tenant. All units enjoy separated electric service and central air conditioning. The units generally include a living room, kitchen, and 1.5 baths.
We have observed three bedroom apartment units generate the most demand with rents generally ranging between $800 to $975 per unit per month. The population in the general area is considered to be of sufficient size, diversity, and financial ability to support the subject and similar properties. The rent includes water,trash and sewer, while the tenants pay for their own electric.

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