For Sale
$430,000

202 Howard StHagerstown, MD 21740

Hagerstown, MD 4-unit apartment building

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional value-add opportunity presents a 4-unit apartment building located at 202 W Howard St, Hagerstown, MD 21740. The property, built in 1913, features a total of 3,784 square feet across two stories, situated on a 0.17-acre lot. Currently boasting 100% occupancy, this fee-simple owned building offers four individual units, each priced at $107,500, for a total asking price of $430,000. The property is classified as a Class C multifamily investment and is zoned LC. With a price per square foot of $113.64, this presents a strong potential return on investment. The property's location in Hagerstown provides convenient access to amenities, schools, parks, and major transportation routes. The building's solid construction and high occupancy rate make it an attractive proposition for investors seeking a stable income stream with significant upside potential through value-add improvements. The APN is 1733. This is a rare opportunity to acquire a well-located multifamily property in a growing market. The property's strong fundamentals and potential for future appreciation make it an ideal addition to any investment portfolio. Serious inquiries only.

Highlights

  • Four-unit apartment building in Hagerstown, MD, offering a strong value-add opportunity.
  • 3,784 square feet on a 0.17-acre lot, built in 1913.
  • 100% occupancy with four individual units, each priced at $107,500, totaling $430,000.
  • Class C multifamily investment, zoned LC, with a price per square foot of $113.64.
  • Excellent location offering convenient access to amenities, schools, and transportation.
  • APN 1733.

Property Details for 202 Howard St

Property type
Apartment buildings
Square Feet
3,784 SF
Class
C
Year Built
1913
Buildings
1
Stories
2
Lot Size (sq. ft)
7,405 SF
Units
4

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.628697720741
Longitude
-77.728897707128
202 Howard St, Hagerstown, Maryland

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202 Howard St
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