SOLD $450,000 - MultiFamily
819-821 W Washington St, Hagerstown Md. – Nice detached brick building improved with a 3-story multi-family units containing 5,168 square feet of gross building area, excluding the basement, with 6 residential apartments. The building is comprised by five 1-bedroom apartments and a 2-bedroom unit, with two units on each level of the building. bath for a 4-2-1 room count, and Apt. 1E contains a living room, kitchen, one bedroom, an office, and a full bath for a 4-1-1 room count. Each of the remaining four units (Apts. 2W, 2E, 3W & 3E) contains a living room, kitchen, 1 bedroom, and a full bath for a 3-1-1 room count. A refrigerator and range/oven
are furnished in each apartment by the landlord. Predominant interior finishes include wood and vinyl flooring, plaster and drywall walls and ceilings, and fiberglass wainscoting in the bathrooms. However, Apt. 2W has a claw foot tub in the bathroom with no shower. 819-821 W Washington St, was built around 1914 with additions completed over the years. The building has brick and vinyl siding on the exterior walls, flat rubber roofs, vinyl replacement windows, aluminum gutters and downspouts, and a full basement containing 2,064 square feet. According to the listing agent, the main rubber roof was installed in 2013 and the rear section was installed in 2015. Although the basement is approximately 60% finished with 3 offices, a reception/retail area, a toilet, and a laundry tub as the vanity, this portion of the building is best suited for storage and has no additional contributing value to the property in its present state. In addition to the house meter, each apartment and the basement has separately metered electric for a total of 8 electric meters. The building is heated with an older oil boiler, and hot water is provided by two 87- gallon and 67-gallon electric water heaters installed in 2013 and 2014, respectively. The water, sewer, trash removal are also provided by the landlord. This building, which is prudently managed, is in good condition overall with numerous improvements completed over the past few years.
In addition to the main building, the site is improved with a 3-car detached garage measuring 20’ deep x 33’3” wide. This concrete block structure has three overhead doors, a concrete slab foundation, a composition shingle roof on two bays, and rolled roofing on the third bay. The site is also improved with a 4-car detached garage measuring 23’4” deep x 46’ wide with a 6’ wide x 20’8” deep section on the northernmost bay. This concrete block structure has four overhead doors, a concrete slab foundation, and a rubber roof installed in 2013. For additional information call Roberto Gonzalez
Features
- 7 large one bay Garages
- All Brick Corner Building
- All new Replacement Windows
- Ample Parking
- Fixtures And Equipment Included
- Front covered porche
- Fully Occupied
- Good access to essential support services
- Great Rental History
- Great visibility near downtown Hagerstown
- Hardwood Floors
- Large front and rear covered porches
- Large Laundry Room
- Near City Park
- Near Premium Outlets
- New Replacement Windows
- New Roof