202 Howard StHagerstown, MD 21740

  • Mixed-use properties
  • 3,784 SF
For Sale
$430,000 View listing

Property Details for 202 Howard St

Year built
1913
Construction
BRICK
Lot size
0.17 AC
Property size (Sq ft)
3,784 SF
Zone code
LC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
03-012964
APU
3012964

Description

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.

202 Howard St, Hagerstown, Maryland

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.6289
Longitude
-77.7289
CBSA code
25180
CBSA name
HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,865
-
-
$203,867
-
$52,500
$154,700
$207,200

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