400 Potomac Street
Hagerstown, MD 21740
MLS #WA9825757

Commercial
    $795,000
    Est. P&I payment: $3036.36/mo
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    Description for 400 Potomac Street, Hagerstown, MD 21740
    RESIDENTIAL/BUSINESS USE (ZONED RO), STUNNING CUT-STONE BUILDING, BIGGER THAN IT LOOKS WITH FOUR FINISHED LEVELS, CURRENTLY OPERATES AS SALON/SPA + 7 RESIDENTIAL UNITS INCLUDING 3 FURNISHED UNITS, NEW WINDOWS, ROOF 2002, UPDATED PLUMBING & ELECTRICAL, 5 FIREPLACES (MOST GAS) ORIG WOOD FLOORS, DOORS, FPS, TRIM, ETC. DBL GARAGE + PARKING LOT IN REAR (FOR 6). WORK'S ALL DONE...THIS PROPERTY IS A GEM!
    MLS #WA9825757
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    My Notes for MLS #WA9825757

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Salon
    • Zoning Code: RO

    Exterior Features

    • Exterior: Stone
    • Stories: 4
    • Lot Area Acre: 0.257117
    • Lot Size Area: 11,200
    • Water Front: N
    • Parking Included In List Price: Y
    • Parking: Drvwy/Off Str,​Garage,​Street
    • Parking Space Number: 9
    • # of Garage Spaces: 2

    Interior Features

    • Gross SQFT: 11,000
    • Net SQFT: 11,000
    • Floor: Wood
    • Walls Ceilings: 9'+ Ceilings,​Wood Ceilings,​Wood Walls

    Utilities Features

    • Cooling Fuel: Electric
    • Cooling: Ceiling Fan(s),​Central Air Conditioning
    • Heating Fuel: Electric,​Natural Gas
    • Heating: Baseboard,​Heat Pump(s)
    • Hot Water: Electric
    • Metering: Electricity is sep
    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 77
    • Total Taxes: 5,898.82
    • Total Taxes Payment Freq: Annually
    • City Town Tax: 2,914.3
    • City Town Tax Payment Freq: Annually
    • County Tax: 2,984.52
    • County Tax Payment Freq: Annually
    • Tax Year: 2016
    • Improvement Assessment Amount: 252,000
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 67,200
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 319,200
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2016
    • Gross Income: 104,100
    • Monthly Gross Rent: 8,700
    • Rental Net Operating Income: 85,841
    • Expenses: 12,660

    Community Features

    Misc Features

    • Property Condition: Shows Well
    • TV Cable Comm: CATV/Dwelling
    • Year Built: 1903
    • Tenancy: Lease terms Mixed,​Month-to-Month Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No

    Location

     
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    The listing information for 400 Potomac Street, Hagerstown, MD 21740 was graciously provided by our friends at the listing brokerage, RE/MAX Achievers

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    Last Updated 10/21/2017 at 6:02am
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