400 Mitchell Ave, Hagerstown, MD 21740

$899,000

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List Price
$899,000
Days on Market
1
Status
ACTIVE
MLS#
MDWA2040964
Lot Size (Acres)
0.12
Year Built
1929
County
Washington
School District
Washington County Public Schools

Property Description

Strong cash-flow opportunity in Hagerstown: an 8-unit all-brick multifamily generating approximately $102,600 in annual income. This purpose-built corner building features eight 2-bedroom, 1-bathroom apartments, each offering a practical layout with rear balcony and dual entrances. Durable brick construction keeps exterior maintenance low, while the consistent unit mix simplifies management and leasing. Conveniently located just off Burhans Boulevard with easy access to shopping, restaurants, public transportation, and major highways. A solid income-producing asset ideal for investors looking to expand an existing portfolio or enter the multifamily market.

Additional Information

School District
Washington County Public Schools
Flooring
Hardwood, Vinyl, Laminate
Heating
Electric Baseboard
Cooling
None
Roof
Shingle, Rubber
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Inch & Co. Real Estate, LLC. Contact: