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Listed by Roberto G. Gonzalez • RG Realty, Inc.
$1,400,000
Est. payment /mo
9,745 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Hagerstown
MLS Listing ID MDWA2032974
Year Built 1900
Annual Tax Amount $7,937
Tax Year 2025
Lot Size 9,745 Sqft
Acres 0.22
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Rare Investment Opportunity – Solid Brick 10-Unit Building + Garage in Hagerstown's Arts District
This is a prime opportunity to own a four-story, all-brick 10-unit apartment building with a freestanding 3-bay garage, located in the heart of Hagerstown's Arts & Entertainment District.
Positioned on a 0.22-acre parcel totaling 9,745 sq ft, the building includes 12,736 sq ft of gross building area and features a mix of 9 residential units and 1 commercial unit, all with separate electric meters.
The site is zoned CC-MU (City Center – Mixed Use), offering long-term flexibility and value for investors. The building is fully leased and located just blocks from the new multi-use sports and events facility, University of Maryland Hagerstown campus, and the Washington County Library.
🔑 Highlights:
Fully occupied 10-unit building (9 residential / 1 commercial)
Separate utility metering for all units
Detached 3-bay garage on-site
Located within Hagerstown's revitalization zone
High visibility and walkable to key downtown amenities
This property offers a stable rental income stream with future upside potential, a perfect fit for seasoned or new investors looking to grow their portfolio in a rapidly improving downtown market.
🏢 Unit Mix – 10-Unit Building
5 units – 3 bedrooms / 1 bathroom
3 units – 1 bedroom / 1 bathroom
1 unit – 2 bedrooms / 1 bathroom
1 commercial unit
Each unit is individually metered for electric, and the property includes a freestanding 3-bay garage for additional value or potential rental income.
This is a prime opportunity to own a four-story, all-brick 10-unit apartment building with a freestanding 3-bay garage, located in the heart of Hagerstown's Arts & Entertainment District.
Positioned on a 0.22-acre parcel totaling 9,745 sq ft, the building includes 12,736 sq ft of gross building area and features a mix of 9 residential units and 1 commercial unit, all with separate electric meters.
The site is zoned CC-MU (City Center – Mixed Use), offering long-term flexibility and value for investors. The building is fully leased and located just blocks from the new multi-use sports and events facility, University of Maryland Hagerstown campus, and the Washington County Library.
🔑 Highlights:
Fully occupied 10-unit building (9 residential / 1 commercial)
Separate utility metering for all units
Detached 3-bay garage on-site
Located within Hagerstown's revitalization zone
High visibility and walkable to key downtown amenities
This property offers a stable rental income stream with future upside potential, a perfect fit for seasoned or new investors looking to grow their portfolio in a rapidly improving downtown market.
🏢 Unit Mix – 10-Unit Building
5 units – 3 bedrooms / 1 bathroom
3 units – 1 bedroom / 1 bathroom
1 unit – 2 bedrooms / 1 bathroom
1 commercial unit
Each unit is individually metered for electric, and the property includes a freestanding 3-bay garage for additional value or potential rental income.
Location
State MD
County Washington
Zoning CCMU
Interior
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2217013467
Ownership Fee Simple
Special Listing Condition Standard
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