115-115 King Street Hagerstown, MD $ 525,000
115-115 King Street
$ 525,000
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115-115 King Street

Hagerstown, MD, 21740
$ 525,000
Bedrooms-- Baths-- Sq 4,628

Monthly Estimate*

$ 3,315

115-115 King Street, Hagerstown, MD 21740 - Image 1
115-115 King Street, Hagerstown, MD 21740 - Image 2
115-115 King Street, Hagerstown, MD 21740 - Image 3
115-115 King Street, Hagerstown, MD 21740 - Image 4
115-115 King Street, Hagerstown, MD 21740 - Image 5
115-115 King Street, Hagerstown, MD 21740 - Image 6
115-115 King Street, Hagerstown, MD 21740 - Image 7
115-115 King Street, Hagerstown, MD 21740 - Image 8

Commercial Property for sale in Hagerstown, MD

for $525,000. This 4,628 square foot building was built in 1894 on a lot size of 0.13.

This 6 unit brick apartment building, built in 1894, offers a unique investment opportunity with significant potential returns. 4-1Bedroom units and 2 2 bedroom units. Situated on a 0.13-acre lot, it features a desirable city view, enhancing its appeal for future tenants or buyers. The property includes a detached garage with space for two vehicles, providing added convenience and value. Inside, a mix of hardwood, carpet, and vinyl flooring creates a versatile environment suitable for various uses. The property is well-maintained and fully occupied. With low owner expenses covering essential utilities such as gas, heat, and water, investors can expect a favorable cash flow. Located in a vibrant area with potential for growth, this property is ideal for those looking to capitalize on the increasing demand for residential rental. Its historic charm combined with modern functionality makes it a compelling choice for savvy investors seeking long-term appreciation and steady income.

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Commercial Active

Price

$ 525,000

Property Type

Commercial

Taxes

$ 4,896

Style

Apartment Building

Lot Size

0.13

Year Built

1894

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2039598

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood Carpet Vinyl
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Central Air Y/N N
Total Restrooms 6
Entry Level 1
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General
Sewer Public Sewer
Heating Hot Water
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Natural Gas Available
Possession Settlement
Roof Rubber
Zoning RO
Construction Materials Brick
Year Built 1894
Electric 200+ Amp Service Circuit Breakers
View City
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Gross Income 55740.00
Business Type Apartment Building
Accessibility None
County WASHINGTON
Insurance Expense 2518.00
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building
Water Access Y/N N
Status ACTIVE
Directions Antietam St to left on King St property on right
City HAGERSTOWN
Disclosures Lead Based Paint - Federal Lead Based Paint - State Lead Inspection Certificate Available Prop Disclaimer Rental Permits
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 5625.00
Tax Annual Amount 4896.0
Electric Expense 179.79
Fuel Expense 6760.43
Price Per Sq Ft Total AG 113.44
Acceptable Financing Cash Conventional
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Stoves and refrigerators each unit
Garage Features Garage - Rear Entry
Type of Parking Detached Garage On Street
Foundation Details Stone
Water View Y/N N
Building Area Total 4628.00
Lot Size Acres 0.13
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility City/County
Land Assessed Value 40600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Hagerstown Management Corporation

Broker

craig@hagerstownmanagement.com

Email

Affordability Calculator

$3,723
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,315
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/9/2026$525,000 Listed Price

Map


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115-115 King Street, Hagerstown, MD, 21740 is a Commercial Property for sale at $525,000 with 4,628 sqft and a lot size of 0.13. 115-115 King Street was built in 1894. The property's zip code is 21740 which is in Hagerstown, MD