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Investment Highlights

  • Fully occupied five-unit multifamily property.
  • Off-street parking available for residents.
  • Convenient access to downtown Hagerstown amenities.
  • Located one block from Hagerstown City Park.
  • Historic building with established residential use.
  • Near Interstate 70 and Interstate 81 transportation corridors.

Executive Summary

FULLY RENTED FIVE (5) UNIT! Covered front porch, off street parking, 1 Block from beautiful City Park with walking trails, multiple ponds and playgrounds. Call for details and to schedule a tour!

Property Facts

Price $861,000 CAD
Price Per Unit $107,625 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 14,106 SF
No. Stories 3
Year Built 1870
Zoning R1 - R-1 Residential zoning permitting single-family detached homes and customary residential accessory uses, subject to local regulations.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
03-008258
Land Assessment
$75,355 CAD
Improvements Assessment
$273,729 CAD
Total Assessment
$349,084 CAD
  • Listing ID: 42105754

  • Date on Market: 2026-09-09

  • Last Updated:

  • Address: 601 Highland Way, Hagerstown, MD 21740

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