Property

Hagerstown, MD 21740 36 North Potomac Street N

$949,000

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Presented By: Real Estate Innovations
  • MLS# MDWA2022766
  • 06/24/2024
  • Request Tour
  • Request Info
  • SQFT • 7,850

Home Details

THIS IS 36-40 N. POTOMAC STREET. MIXED USED COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. Tenants all pay on time. Brand new A/C in one unit. Very Good Condition, 12 parking spaces in rear of building which connects to city parking. See attached document for income/expense details. Call Alice to schedule a tour.
Presented By: Real Estate Innovations

Interior Features for 36 North Potomac Street N

Bathrooms

Total Restrooms7

Other Interior Features

Central Air Y/NYes
FlooringTile/Brick, Wood
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 36 North Potomac Street N

Acceptable FinancingConventional, Exchange, Cash, Seller Financing
AccessibilityNone
Association Fee0.00
Association Recreation FeeN
Business TypeApartment Building, Restaurant/Bar, Parking Lot, Other/General Retail
Cap Rate7.25
CityHAGERSTOWN
Construction MaterialsBrick, Brick Front
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
Days on Market75
DirectionsI-70 to Rt. 40 (Dual Hwy) exit, proceed into Hagerstown and turn left on N. Potomac St, On left just past CITY HALL on Corner.
Electric120/240V
Exclusionssome restaurant equip, gym equipment
Gross Income89508.00
HeatingHot Water
Insurance Expense1200.00
Location TypeDowntown
Lot Size Square Feet10018.80
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-26T13:27:44
Net Operating Income67910.00
New ConstructionNo
NumberOfUnitsTotal1
OwnerPaysTaxes - Real Estate, Water, Trash Collection, Sewer
Percent OwnershipFee Simple
PossessionImmediate
Possible UseApartments, Bar/Tavern/Lounge, Restaurant, Retail
Price Per Sq Ft Total AG120.89
Property ConditionExcellent
Property SubTypeMixed Use
Property TypeCommercial Sale
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameHAGERSTOWN
Tax Annual Amount4083.0
Tax Assessed Value0.0
Tax Year2023
Total Actual Rent89508.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1850
Year Built SourceEstimated
Zoning1

Exterior for 36 North Potomac Street N

Building Area Total7850.00
Fencing Y/NN
InclusionsAll Appliances in 4 residential units convey, Elec Stove, Dishwasher, Refrigerator, Stackable Washer/dryers. Building in LEAD FREE
Lot Size Acres0.23
Lot Size SourceEstimated
Navigable Water Y/NNo
Road ResponsibilityCity/County
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Fabiane Farias

Associate
Price $949,000
MLS#MDWA2022766
List Date 06/24/2024
Property Type Commercial
Phone (973) 474-7057
Request Tour
Request Info
Visit My Website

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