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311 Summit Avenue Hagerstown, MD $ 599,900
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$ 599,900 Get more info
311 Summit Avenue
$ 599,900
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Share Save

311 Summit Avenue

Hagerstown, MD, 21740
$ 599,900
Bedrooms-- Baths-- Sq 6,240

Monthly Estimate*

$ 3,743

311 Summit Avenue, Hagerstown, MD 21740 - Image 1
311 Summit Avenue, Hagerstown, MD 21740 - Image 2
311 Summit Avenue, Hagerstown, MD 21740 - Image 3
311 Summit Avenue, Hagerstown, MD 21740 - Image 4

Commercial Property for sale in Hagerstown, MD

for $599,900. This 6,240 square foot building was built in 1915 on a lot size of 0.15.

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.

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Commercial Active

Price

$ 599,900

Property Type

Commercial

Taxes

$ 4,746

Style

Apartment Building

Lot Size

0.15

Year Built

1915

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2031050
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Settlement
Zoning CL
Construction Materials Brick
Year Built 1915
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality Hagerstown
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Subdivision Name DOWNTOWN HAGERSTOWN
Water Access Y/N N
Status ACTIVE
Directions From 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.
City HAGERSTOWN
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 6580.00
Tax Annual Amount 4746.0
Price Per Sq Ft Total AG 96.14
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 6240.00
Lot Size Acres 0.15
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 51500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 311
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* Excluded Features
List By
Real Estate Today

Broker

tobywantz@yahoo.com

Email

Affordability Calculator

$4,138
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
$396
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/26/2025$599,900 Listed Price

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311 Summit Avenue, Hagerstown, MD, 21740 is a Commercial Property for sale at $599,900 with 6,240 sqft and a lot size of 0.15. 311 Summit Avenue was built in 1915. The property's zip code is 21740 which is in Hagerstown, MD

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