401 JEFFERSON ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Hagerstown,MD 21740
OPEN HOUSE
Sat May 03, 12:00pm - 2:00pm
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,760 sqft
Price per Sqft $147
MLS Listing ID MDWA2028158
Originating Board BRIGHT
Year Built 1984
Available Date 2025-04-15
Annual Tax Amount $7,006
Tax Year 2024
Lot Size 0.523 Acres
Acres 0.52
Property Sub-Type Five Or More Units
Property Description
INCREDIBLE INCOME-PRODUCING OPPORTUNITY! This investment property features two well-maintained four-unit apartment buildings, offering a total of eight 1-bedroom, 1-bathroom units. Each unit includes a kitchen, dining area, and living room. Currently, seven of the eight units are leased, providing immediate cash flow. The property also includes a coin-operated laundry facility with two washers and two dryers, offering added convenience for tenants and additional income for the owner. There is plenty of parking available with large on-site parking areas as well as on-street parking options. These buildings have been thoughtfully cared for, making this a truly turnkey investment. Opportunities like this are hard to find—don't miss your chance to own a solid, income-producing property! This property will be offered at auction on Tuesday May 13, 2025 @ 4:30pm. The List price in no way represents a minimum, starting, or acceptable bid.
Location
State MD
County Washington
Zoning RMED
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 16.0
Water Access N
Accessibility None
Total Parking Spaces 16
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2222008862
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction