$230,000

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144 Fairground Avenue Hagerstown, MD, United States

Great investment opportunity with this commercial property. Great location close to Fairground Park. Live in the newly remodeled 2 bedroom apartment that is approx. 1200 sq ft. Has new flooring, new drywall ceiling with new lighting, new bathroom floor, with granite vanity, new closet doors, could be utilized as a 3 bedroom with the upper loft. On main level there is a newly renovated retail/salon space with a restroom. Attached to the building is a brick warehouse space with above ground storage and underground basement with new fireproof drywall and all new and updated electrical. Warehouse has secure double door entrance for loading. Also included is a large parking lot located at 711 N. Mulberry St. with 6 1/2 block garages with newer metal roof and separate electric meter. Brought up to city code in 2018 with $60k of upgrades including updated electrical. $50K of upgrades to the 2 bedroom apartment. Everything is rented out. All units are separated metered for electric. Owner pays water, sewer, and trash. Heat is electric baseboard paid by tenant.

Amenities

  • Property Type: Multi Family
  • Architectural Style: Other
  • Home size: 2,160 ft2 / 200.67 m2
  • MLS: MDWA2000656
  • Web ID: DWRF5S
Copyright © 2021 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Area Detailed Information

Property brokered by

Mackintosh, Inc., Realtors

(240) 529-0190

Presented by Jason Hose

  • (301) 662-0155

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