Welcome to a timeless multi-family community that blends mid-century character with modern enhancements. Built in 1954, on a 4.414 acres lot. this vintage complex comprises 66 thoughtfully designed units: 19 one-bedroom and 47 two-bedroom apartments, plus one additional unit allocated for office use (not included in the residential analysis). Each residential unit is equipped with a full bathroom featuring a tub with shower, sink, and toilet, all complemented by ceramic tile flooring. Fixtures have been updated on an as-needed basis, ensuring comfort and functionality. The property features two large buildings, divided into nine distinct sections with unique rooflines and entrances, adding architectural charm best appreciated from an aerial view. A central foyer, stairwell, and common corridor on each floor enhance accessibility, while laundry facilities on the basement level add convenience. The grounds include a paved parking area with 46 designated spaces and a state-of-the-art 24-hour video monitoring system, ensuring tenant security. Situated in a vibrant yet serene community, the location is second to none. The property is near the Longmeadow Shopping Center, anchored by the Amish Market, and Stone House Square, featuring big-box anchors like Loweâs and Weis. Both retail hubs are within walking distance and flank SR 60, north of Northern Avenue. Nearby, the prestigious Fountain Head Country Clubâestablished in 1924âadds a touch of opulence to the area with its golf course winding through an enclave of upper-bracket homes. Across the highway lies a newer office facility hosting JLG Industries, an expansion of the office sector in the north end. Proposed development plans include utilizing two acres of land fronting Northern Avenue for two potential commercial pads, further enhancing the areaâs growth prospects. The property's proximity to these amenities and its strategic position north of Hagerstown's city limits, characterized by modern subdivision-style developments, add to its appeal. Since acquisition in 2017, over $1.5 million has been invested in updates, including freshly painted units, refinished hardwood floors, new light fixtures, and upgraded kitchen flooring. Common areas have been revitalized with modern touches, from the foyer and stairwells to the laundry facilities. The central boiler, replaced in 2012, provides efficient gas heating for the entire complex, while tenants independently manage air conditioning via window units. With tenants paying their own utilities through a Ratio Utility Billing System (RUBS), this property offers an attractive value-add opportunity. A proactive leasing strategy has significantly reduced vacancies, positioning the property as a desirable and profitable asset. Schedule a private tour today to explore this unique blend of vintage charm, modern amenities, and prime location. Donât miss out on this exceptional investment opportunity.
DEVELOPMENT OPPORTUNITY. Building Lot ONLY. Highly visible site located on Robinwood Dr, Hagerstown, MD. Site is sandwiched between the expanding Meritus Medical Campus as well as the Hagerstown Community College and surrounded by various residential neighborhoods. The site consists of 1.2 acres and currently has a PUD overlay for zoning. Buyer to conduct their own Due Diligence. Call for more details
* Be the new owner of SCALP2SOLE BEAUTY* *Beauty Supply Store for Sale in Hagerstown, MD!* Looking to own your own business? This well-established beauty supply store is up for grabs! Perfect location, loyal customer base, and stock with top beauty brands. Donât miss out on this amazing opportunity to take over and grow! Everything is all set up and running, with a great location with ample parking space, a few minute walk from the new medical school. Furniture, POS, inventory everything and, full support and training, including vendor contacts for 6 months Reason for selling: The owner is going away on a medical training program. The new owner must take over the lease. Essentially, it is a turnkey business with great potential Join These Tenants: Schula's Grill, Black Rock BBQ, Hummus Grill, Royal Palm, and Rosewood Liquors. Site is part of the Rosewood Village PUD - there are currently 230 residential units with approvals for 520 units. East end Hagerstown is fastest growing and most affluent area in the county. Commuter friendly, within 2 miles of I-70. Traffic exposure 25,000 cars per day.
Over 2000 square foot space on the North End of Hagerstown. The space is just a shell that can be converted into many different business uses. The owner is willing to participate with some of the build out if needed. The property has a new roof and plenty of parking. Great Location.
The Barn at the View is a multi-use property. Advantageously located near I81, Hagerstown Airport, and State Line, this refurbished, 3-story bank barn offers so much potential. Character, charm and hints of modern convenience merge to make this an attractive palette for the business opportunity of your choice. Currently used to house a community market, the setting also allows for additional income from the 1 Bedroom Cottage, 2 Bedroom townhome, and caterer’s kitchen.
THIS LISTING is for SUITE 102 - which is located on the main level and contains 466 SQft. Welcome to 860 Pennsylvania Ave. This former warehouse has been gutted and rebuilt sparing no expense. While creating a beautifully unique space. This is truly Old Hub City warehouse character meets brand new, with state-of-the-art amenities. This building's office suites are all inclusive. Just bring your desk and files...and you are in business! All utilities and internet included in lease price. Tenants will also have use of two beautifully decorated shared conferences rooms and a common area lobby. This is a win/win. You get a reasonably sized, affordable private office space, with the use of huge, professional conference rooms for client meetings or other uses as needed. Located just outside downtown Hagerstown and convenient to both I70 and I81. There are 8 suites total ranging from 171 sq feet to 466 sq feet. We still have suites available.
The median home value in Hagerstown, MD is $248,200. This is lower than the county median home value of $273,000. The national median home value is $338,100. The average price of homes sold in Hagerstown, MD is $248,200. Approximately 36.01% of Hagerstown homes are owned, compared to 55.08% rented, while 8.91% are vacant. Hagerstown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hagerstown real estate agent to arrange a tour today!
Hagerstown, Maryland 21742 has a population of 43,015. Hagerstown 21742 is less family-centric than the surrounding county with 27.17% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Hagerstown, Maryland 21742 is $42,965. The median household income for the surrounding county is $67,349 compared to the national median of $69,021. The median age of people living in Hagerstown 21742 is 35.6 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 40.7 inches per year, with 24.5 inches of snow per year.