$849,900 USD
717-977-9031
351 S Potomac St
Hagerstown, MD 21740
Locust Point
HIGHLIGHTS
- Strong income-producing property with impressive returns for investors.
- Two newly renovated, fully leased apartments, offering immediate rental income.
- Excellent location with convenient parking and close proximity to local amenities.
- Long-term commercial tenant with lease options to renew, ensuring stable income.
- Opportunity for continued income growth with well-maintained units and commercial lease.
- Contact listing agent to schedule a tour and discuss details further.
OVERVIEW
11% CAP RATE , THIS PROPERTY IS AN INCOME PRODUCER. GREAT LOCATION AND PARKING. BOTH APARTMENTS ARE NEWLY RENOVATED AND FULLY LEASED. POTENTIAL FOR FUTURE INCOME AS WELL. 24 -48 NOTICE TO SHOW, LISTING AGENT WILL ACCOMPANY SHOWINGS! COMMERICAL LEASE WITH OPTIONS TO RENEW WITH A LONG TERM TENANT. CALL FOR DETAILS!
FOR SALE DETAILS
PRICE
$849,900 USD
PRICE/SF
$49 USD /SF
CAP RATE
11%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1900
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.14 AC
LAND SF
49,658 SF
ZONING
IR
APN/PARCEL ID
03-000079
ASK ABOUT THIS PROPERTY
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717-977-9031
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Please correct the highlighted field(s).
717-977-9031
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
