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575 Dunn Irvin Dr 6 Unit Apartment Building $829,561 CAD ($138,260 CAD/Unit) Hagerstown, MD 21740
EXECUTIVE SUMMARY
Value Add Opportunity !
For Sale is a 6 unit apartment building with below market rents. Opportunity for an investor to take advantage of a leased apartment building to reposition and increase rents. The property is centrally located in the city of Hagerstown near a wide variety of retail and entertainment with close proximity to Hagerstown City Park, the brand new-minor league baseball stadium (Meritus Park), and just 1 mile from the Hagerstown Premium Outlets. There is ample on site parking and outdoor space.
For Sale is a 6 unit apartment building with below market rents. Opportunity for an investor to take advantage of a leased apartment building to reposition and increase rents. The property is centrally located in the city of Hagerstown near a wide variety of retail and entertainment with close proximity to Hagerstown City Park, the brand new-minor league baseball stadium (Meritus Park), and just 1 mile from the Hagerstown Premium Outlets. There is ample on site parking and outdoor space.
PROPERTY FACTS Under Contract
| Price | $829,561 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $138,260 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Sale Condition | 1031 Exchange | Building Size | 7,956 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R-1, Hagerstown | ||
| Price | $829,561 CAD |
| Price Per Unit | $138,260 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 7,956 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | R-1, Hagerstown |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Picnic Area
- Property Manager on Site
- Pet Play Area
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+0 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 03-022129 | Improvements Assessment | $314,649 CAD |
| Land Assessment | $113,830 CAD | Total Assessment | $428,479 CAD |
PROPERTY TAXES
Parcel Number
03-022129
Land Assessment
$113,830 CAD
Improvements Assessment
$314,649 CAD
Total Assessment
$428,479 CAD
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575 Dunn Irvin Dr
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