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114 W Franklin Street, Hagerstown, MD 21740
$743,000
114 W Franklin Street, Hagerstown, MD 21740View this property at 114 W Franklin Street, Hagerstown, MD 21740
114 W Franklin StreetHagerstownMD21740
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Property Description
Situated in the vibrant core of Hagerstown, merely two blocks away from the developing Multi-use Sports Center Stadium, is this historic three-story mixed-use edifice, encompassing 6 distinct units. Tracing its origins back to around 1925, the building has seen substantial modern enhancements, including the recent installation of a new roof. At this moment, the building is fully tenanted, housing five residential units that each offer a one-bedroom, one-bathroom layout, strategically situated on the second and third floors. The building also features a spacious commercial unit, adding to its desirability. A standout attribute of this property is the separately metered electrical service for each unit, a convenience that allows tenants to maintain personal control over their utility expenses. Set within a thriving mixed-use neighborhood, the property enjoys an advantageous location close to a diverse range of amenities, including restaurants, cafes, supermarkets, and shopping outlets, promising potential tenants a harmony of convenience and accessibility. In a significant addition to this opportunity, the adjoining building at 110-112 W Franklin St, hosting 5 units, is also available for acquisition from the same owner.
Full Property Details
Full Property Details for 114 W Franklin St
General
- Sold For: $743,000
- Taxes: $4,791 (2020)
- Status: Closed
- Type: Apartment
- MLS ID: MDWA2013744
- Added to Site: 449 day(s) ago
Business
- Business Type: Apartment Building, Other
Parking
- Parking Type: Off Site, Parking Lot
Location
- Municipality: Hagerstown
- County: Washington
- Driving Directions: GPS W Franklin
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
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,920
- Lot Size Source: Estimated
- Zoning: CCMU
Financial Considerations
- Price Per Sq. Ft.: $76.68
- Assessment Year: 2021
- City/TownTax: $2,478
- City/TownTax Freq: Annually
- County Tax: $2,312
- County Tax Freq: Annually
- Tax w/Assessment: $250,333
- Tax Amount: $4,791
- Tax Year: 2020
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed and Sold by RG Realty, Inc., Roberto G. Gonzalez
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Schools
Schools serving 114 W Franklin St
School District:Washington County Public Schools, Williamsport, MD
Rating | Name | Grades | Distance |
---|---|---|---|
1320 Yale Dr, Hagerstown, MD 21742 | 3-5 | 2.1 mi | |
Ruth Ann Monroe Primary School
1311 Yale Dr, Hagerstown, MD 21742 | PK-2 | 2.2 mi | |
1321 S Potomac St, Hagerstown, MD 21740 | 6-8 | 2.1 mi | |
1101 S Potomac St, Hagerstown, MD 21740 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 114 W Franklin St
Date
Details
Price
Change
Source
1/19/2024
Sold
$743,000
24.04%
MLS
3/19/2023
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
114 W Franklin Street, Hagerstown, MD 21740 (MLS# MDWA2013744) is a Apartment property that was sold at $743,000 on January 19, 2024. Want to learn more about 114 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.