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$743,000
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Property Description
Top-tier Mixed-Use 5-Unit Apartment Building in Hagerstown's Prime Location Step into a rewarding investment opportunity with this turn-key, three-story, all-brick apartment building. Recently upgraded with a new roof, this rental jewel stands ready for potential investors seeking a robust return. The property proudly offers five unique units: four residential and one commercial. A standout feature is the individual electric metering for each unit, placing utility costs squarely on the tenant's shoulders. Two of the residential spaces are expansive loft-style up-down units, both equipped with central air. This is mirrored by the commercial unit, which also benefits from central AC. Rounding out the building are two cozy one-bedroom, one-bathroom apartments. Merely two blocks from the in-progress Hagerstown Multi-Use Sports and Events Facility, this property occupies a coveted slot in Hagerstown's dynamic mixed-use zone. With a plethora of city amenities - from eateries and cafes to grocery stores and retail shops - just moments away, it stands as a prime rental choice. Additionally, the adjacent building at 1112-114 W Franklin St is also on the market from the same seller.
Full Property Details
Full Property Details for 110 W Franklin St
General
- Sold For: $743,000
- Taxes: $2,349 (2020)
- Status: Closed
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2013738
- Added to Site: 1, 053 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Municipality: Hagerstown
- County: Washington
- Driving Directions: GPS W Franklin
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Block
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,947
- Lot Size Source: Estimated
- Zoning: CCMU
Financial Considerations
- Price Per Sq. Ft.: $131.8
- Assessment Year: 2021
- City/TownTax: $1,215
- City/TownTax Freq: Annually
- County Tax: $1,134
- County Tax Freq: Annually
- Tax w/Assessment: $121,300
- Tax Amount: $2,349
- Tax Year: 2020
Disclosures and Reports
- Ownership: Fee Simple
Listed and Sold by RG Realty, Inc., Roberto G. Gonzalez
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Schools
Schools serving 110 W Franklin St
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Eastern Elementary School 1320 Yale Drive, Hagerstown, MD 21742 | 3-5 | 2.1 mi |
Ruth Ann Monroe Primary 1311 Yale Drive, Hagerstown, MD 21742 | PK-2 | 2.2 mi |
E. Russell Hicks Middle School 1321 South Potomac Street, Hagerstown, MD 21740 | 6-8 | 2.1 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 110 W Franklin St
Date
Details
Price
Change
Source
1/19/2024
Sold
$743,000
48.9%
MLS
3/19/2023
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
110 W Franklin Street, Hagerstown, MD 21740 (MLS# MDWA2013738) is a Apartment property that was sold at $743,000 on January 19, 2024. Want to learn more about 110 W Franklin Street? Do you have questions about finding other Apartment real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

