Hagerstown, MD 21740 36-40 Potomac Street N
$875,000
27 more
Presented By: Real Estate Innovations
SQFT • 7,850
SQFT • 7,850Home Details
THIS IS 36-40 N. POTOMAC STREET. MIXED USED COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. 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. Building was renovated by the City of Hagerstown. 24 Hour Notice to tour due to tenant notifications.
Presented By: Real Estate Innovations
Interior Features for 36-40 Potomac Street N
Bathrooms
Total Restrooms7
Other Interior Features
Central Air Y/NYes
FlooringHardwood, Carpet, Ceramic Tile
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories4
Other Rooms
Entry Level1
General for 36-40 Potomac Street N
Acceptable FinancingConventional, Cash
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building, Restaurant/Bar, Health Club
Cap Rate8.50
CityHAGERSTOWN
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
Directionsless than 1 block from the square of Hagerstown, 1 door from City Hall of Hagerstown.
DisclosuresNone
Electric200+ Amp Service
Electric Expense540.00
Gross Income92508.00
Heating90% Forced Air, Baseboard - Electric
Historic Y/NNo
Insurance Expense1200.00
Lease Considered Y/NNo
Location TypeDowntown
Lot Size Square Feet21780.00
Lot Size UnitsSquare Feet
MaintenanceExpense3000.00
ModificationTimestamp2025-03-24T14:29:32
Net Operating Income80110.00
New ConstructionNo
Number Of Units Total6
Operating Expense12398.00
OwnerPaysWater, Sewer
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG111.46
Property ConditionVery Good
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofUnknown
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCITY OF HAGERSTOWN
Tax Annual Amount4083.0
Tax Assessed Value0.0
Tax Year2023
Total Actual Rent89508.00
TransportationBus Stop less than 1 mile, Airport less than 10 miles
UtilitiesCable TV, Electric Available, Natural Gas Available
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
Year Built1850
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 36-40 Potomac Street N
Building Area Total7850.00
Car Parking Spaces12
Foundation DetailsBrick/Mortar
Inclusionssome restaurant equipment, stoves and refrigerators and washer and dryers in residential units.
Lot Size Acres0.50
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces14
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
