$1,400,000

154-158 POTOMAC, Hagerstown, MD 21740

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 14 days ago

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.

Listing Status:
Active
Listing Office:
RG Realty, Inc. : 2402036393
Listing Agent:
Roberto G. Gonzalez : 3019910207
MLS ID:
MDWA2032974
  • A/C: Window Unit(s)
  • Heating: Hot WaterElectric
  • Disability Feature: None
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • County: WASHINGTON-MD
  • Zoning: CCMU2217013467
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Roberto G. Gonzalez, RG Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bester Elementary School

385 Mill St, Hagerstown, MD, 21740

Grades PK-5

0.74 miles away

W

Western Heights Middle School

1300 Marshall St, Hagerstown, MD, 21740

Grades 6-8

1.25 miles away

B

Barbara Ingram School for the Arts

711 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.