$450,000
$450,000
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301 S POTOMAC ST Hagerstown, MD 21740
4,858 SqFt
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,858 sqft
Price per Sqft $92
MLS Listing ID MDWA2015024
Sold Date 08/25/23
Style Contemporary
Abv Grd Liv Area 4,858
Originating Board BRIGHT
Year Built 1893
Annual Tax Amount $4,689
Tax Year 2021
Lot Size 7,285 Sqft
Acres 0.17
Property Description
***Great Commercial Investment 2 Buildings for the Price of 1***
The two-story residential corner building (S - Potomac St) enjoys close proximity to the popular Art & Entertainment District and features 4 - 1 bedroom units with a 100% occupancy rate and a gross yearly income of $43,200. Units have been updated w/in the past year as well as the railings on the stairwell. The one-story commercial-zoned building (W Lee St) has 4 Private Rooms with 2 updated Bathrooms + one additional efficiency apartment w/full bath and an updated kitchenette. The roof was replaced on 08/25/2021 as well as all flooring and fresh paint. A new sprinkler system was installed in 2022. Poured concrete was applied to the entire basement foundation. The (W Lee St) building is currently awaiting county approval for electrical and plumbing upgrades. It is currently zoned for commercial retail but can be rezoned to residential. It's up to the new owner to decide! The property is being sold STRICTLY AS-IS AND CAN ONLY BE SHOWN AFTER A LETTER OF INTENT HAS BEED SUBMITTED AND ACCEPTED. Please call the listing agent for additional questions or to submit an offer.
Location
State MD
County Washington
Zoning 104 COMMERCIAL
Rooms
Basement Other, Improved
Interior
Interior Features Combination Dining/Living
Hot Water Natural Gas
Heating Baseboard - Electric, Central
Cooling Central A/C, Multi Units, Window Unit(s)
Equipment Cooktop, Water Heater, Refrigerator
Fireplace N
Window Features Double Pane
Appliance Cooktop, Water Heater, Refrigerator
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Roof Type Asphalt,Rubber
Accessibility None
Road Frontage City/County
Total Parking Spaces 5
Garage N
Building
Lot Description Corner
Foundation Brick/Mortar, Other
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Bester
Middle Schools E. Russell Hicks School
High Schools South Hagerstown Sr
School District Washington County Public Schools
Others
Tax ID 2203017672
Ownership Fee Simple
SqFt Source Estimated
Security Features Smoke Detector
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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Bought with Yahaira Diaz • EXP Realty, LLC
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