133 Summit Avenue
Hagerstown, MD 21740
MLS #WA9695878

Multi-Family
  • 7units
  • 0.34acres
  • 5,206sq ft
$495,000
Est. P&I payment: $1890.56/mo
133 Summit Avenue, Hagerstown, MD 21740
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Description for 133 Summit Avenue, Hagerstown, MD 21740
Great cash flow! Nice building...meets code/compliance standards, lead certs current, secure bldg, detached garage , off street pking. Low turnover, great tenant appeal: across from laundromat & convenience store, walk to City Park, Library, or Arts & Entertainmt district, along bus line, close to everything, easy Highway access. Investors don't miss this money maker!
MLS #WA9695878
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My Notes for MLS #WA9695878

General Features

  • Property Type: Multi-Family
  • Type: Multi-Family
  • Year Built: 1900
  • Total Units: 7
  • Unit List: Efficiency,​One Bedroom,​Two Bedroom
  • One Bedroom Units: 2
  • Two Bedroom Units: 4
  • Efficiency Units: 1

Exterior Features

  • Exterior: Brick
  • Exterior Features: Stone Retaining Walls,​Street Lights,​Porch
  • Stories: 4
  • Handicap: None
  • Roof: Rubber,​Metal
  • Lot AreaAcre: 0.344353
  • Lot Size Area: 15,000
  • Parking: Free,​Garage,​Street,​Detached,​Faces Rear
  • Garage: 1
  • Garage Type: Detached
  • Water Front: N

Interior Features

  • Tax Total Living Area: 5,206
  • Basement: Y
  • Basement Entrance: Inside Access
  • Basement Type: Improved,​Partially Finished,​Windows,​Heated,​Connecting Stairway

Utilities Features

  • Appliances: Stove,​Water Heater,​Refrigerator
  • Cooling Fuel: None
  • Cooling: Wall Unit,​Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating: Radiator
  • Hot Water: 60 or More Gallon Tank
  • Sewer Septic: Public Sewer
  • Water: Public

Financial Features

  • Total Taxes: 4,431.5
  • Total Taxes Payment Freq: Annually
  • City Town Tax: 2,189.37
  • City Town Tax Payment Freq: Annually
  • County Tax: 2,242.13
  • County Tax Payment Freq: Annually
  • Tax Year: 2015
  • Improvement Assessment Amount: 149,800
  • Improvement Assmnt. Payment Freq: Annually
  • Land Assessment Amount: 90,000
  • Land Assessment Payment Freq: Annually
  • Total Assessment: 239,800
  • Total Assessment Payment Freq: Annually
  • Assessment Year: 2016
  • Property Net Operating Income: 46,200
  • Monthly Gross Rent: 3,850
  • Vacancy Factor: 5
  • Additional Income Sources: Other
  • Owner Pays: Taxes-Real Estate
  • One Bedroom Avg Rent: 525
  • Two Bedroom Avg Rent: 600
  • Efficiency Avg Rent: 450

Community Features

  • City: 10000025235
  • County: Washington
  • Subdivision: NONE
  • HOA: N
  • Vacation Home: N
  • Transportation: Airport - 5-10 Miles,​Public Bus Service
  • Amenities: Wood Floors

Misc Features

  • Auction: N
  • Foreclosure: N
  • Potential Short Sale: No
  • Tenancy: Lease terms Mixed
  • Property Condition: As-is condition,​Shows Well
  • New Construction: N
  • Zoning Code: RMED

Location

 
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The listing information for 133 Summit Avenue, Hagerstown, MD 21740 was graciously provided by our friends at the listing brokerage, Strata Realty LLC

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MRIS is the source of the listing information and listings are provided by various brokerages who participate in the MRIS IDX program. Listings provided by brokerages other than the owner of this website show the listing brokerage on the listing details page. This website is not an MLS nor does it represent the full data set of the MRIS Multiple Listing Service (MLS).
Last Updated 11/21/2017 at 10:59pm
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