36-40 POTOMAC STREET N

HAGERSTOWN, MD 21740
Square Ft.
7,850
$875,000
THIS IS 36-40 N. POTOMAC STREET. MIXED USED COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. Brand new A/C in one unit. Very Good Condition, 12 parking spaces in rear of building which connects to city parking. See attached document for income/expense details. BuildingRead MoreRead Less
Courtesy of Alice Guy, Real Estate Innovations [email protected]
Listing Snapshot
Days Online
208
Last Updated
Property Type
Five Or More Units
Square Ft.
7,850
Lot Size
0.5 Acres
Year Built
1850
MLS Number
MDWA2024898
30 Days Snapshot Of 21740
$316k
-2%
(avg) sold price
62
+16%
homes sold
43
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
7,850 net sqft, 7,850 total building sqft, Built in 1850, Major renovation in 2009, 6 units in building, 4 levels in building, Brick
Cooling
Central Air, Electric, Central A/C
Expenses
Annual Gross Expense: $12,398, Electric Expense: $540, Insurance Expense: $1,200, Maintenance Expense: $3,000, Operating Expense: $12,398, Insurance, Water, Sewer, Repair/Maintenance
Floors
Hardwood, Carpet, Ceramic Tile
Foundation
Brick/Mortar
Heating
Electric, 90% Forced Air, Baseboard - Electric
Income
Gross Income: $92,508, Net Operating Income: $80,110, Shop Rentals, Apartment Rentals
Lot
21,780 sqft, 0.5 acres
Property
View: City
Roof
Unknown
Sewer
Public Sewer
Taxes
Tax Annual Amount: $4,083, Tax Year: 2023
Utilities
Electric Service: 200+ Amp Service, Hot Water: Electric, Cable TV, Electric Available, Natural Gas Available
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Cummings & Co
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