Property
Hagerstown, MD 21740 311 Summit Avenue
$599,900
Presented By: Real Estate Today
Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
SQFT • 6,240
Home Details
Great positive cashflow investment opportunity! Well maintained 6 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas radiant heat! Each unit is 1 bedroom and 1 bathroom. Large backyard, detached garage. The owner will consider holding owner financing. Owner is also selling 419 Summit Ave with 5 units.
Presented By: Real Estate Today
Interior Features for 311 Summit Avenue
Other Interior Features
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 311 Summit Avenue
AccessibilityNone
Business TypeApartment Building
CityHAGERSTOWN
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyWASHINGTON
DirectionsFrom I-70, take Exit 28 (MD-632 / Downsville Pike) toward Hagerstown. Continue straight into Hagerstown, then turn left onto Summit Avenue. Follow to 311 Summit Ave.
HeatingRadiator
Lot Size Square Feet6580.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-08-26T14:30:26
MunicipalityHagerstown
New ConstructionNo
Number Of Units Total6
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG96.14
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameDOWNTOWN HAGERSTOWN
Tax Annual Amount4746.0
Tax Assessed Value254800.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningCL
Exterior for 311 Summit Avenue
Building Area Total6240.00
Car Parking Spaces
Land Assessed Value51500.00
Land Use CodeM
Lot Size Acres0.15
Lot Size SourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Jhony Leyva
Realtor
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