289 Frederick Street

Hagerstown, MD
$ 800,000 Beds 0 Baths 0 Sq 8,268
Monthly Estimate* How much can I afford?

This investment property complies with the standard requirements with the city of Hagerstown's office of code compliance and lead paint laws (LEAD FREE) enforced by the Maryland Department of the Environment (MDE) This prestigious two story garden style building, is located in the North East of Frederick Street, in a quiet suburban neighborhood, and features 12 units, comprised by six 1-bedroom and six 2-bedroom apartments. Monthly rent includes hot and cold water sewer, and trash. Each unit is metered separately for electric and is resident’s responsibility. All units features a central air conditioning and heat. smoke detectors and fire extinguishers in all units. Units features fridge, stove, and dishwasher to tenants. Common areas Hallways have smoke alarms, fire alarms, and fire extinguishers. Informal storage in attic and basement if resident requests. Coin-operated laundry available on each level. 7 off-street parking spaces, Garden shed, Full basement which has potential for rental storage. CCTV with 7 cameras. Upper floor deck for resident use. Newer electric hot water heaters in basement. The entire building along with each unit are certified lead free the units are spacious and well designed, with most having been updated in the past 5 years. All units are separately metered for electric and hot water, current rents are extremely low for the location size and condition of the units, therefore, there is also an opportunity to raise the rents without any type of improvements. in addition, the property offers off street parking and private storage bin for tenants. The property improvements are compatible and appropriate for the area, adding that the property is in excellent condition. One and two bedroom apartment’s unit’s tend to be the most desired, Three and four bedroom unit tend not to appeal to the largest market segment. The tenant base are strong for this property type. The property enjoys the close proximity within less than ½ mile to the Arts & Entertainment District in Hagerstown, City Park, the new University of Maryland, public library and the Maryland Theatre, the neighborhood includes the fairground park area, with athletic fields, and walking paths, the property has been professionally owned and operated

Contingent

  • Price
  • $ 800,000
  • Lot Size
  • 9,583 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 8,268
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Hagerstown
  • Taxes
  • $ 7083
  • County
  • WASHINGTON
  • Style
  • Apartment Building
  • Area
  • MLS#
  • MDWA178146
  • Zip
  • 21740
Listing Provided by: RG Realty, Inc.
Data Source: Bright MLS

Features

General

Accessibility Other
Business Type Apartment Building
Construction Materials Block, Brick
Cool Fuel Electric
Cooling Central A/C
County WASHINGTON
Days on Market 12
Heating 90% Forced Air
Municipality Hagerstown
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 96.76
Property SubType Five Or More Units
Property Type Commercial Sale
Roof Pitched, Flat
Sewer Public Sewer
Tax Annual Amount 7083.0
Tax Year 2020
Total Units 11
Vacation Rental Y/N No
Water Access Y/N No
Zoning RO

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 8268.00
Car Parking Spaces 7
Lot Size Acres 0.22
Lot Size Source Assessor
Lot Size Square Feet 9660.00
Navigable Water Y/N No
Total Parking Spaces 7
Type of Parking Off Site, On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chadds Ford, PA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/5/2021 Listed $800,000

Property vs Zip Code Average in 21740

Price
AVG $280K
$800K
Taxes
AVG $3,061
$7,083
Visits
AVG 92
16
Walkscore
AVG 45
61
Data Provided by Walkscore ® not using MLS data

Map

289 Frederick Street Hagerstown, MD is a Single Family Home for sale at $800000 with 8268 sqft and a lot size of 9,583 SqFt Acre(s). 289 Frederick Street Hagerstown has 0 bedrooms, 0 baths . The property's zip code is 21740 which is in Hagerstown, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.