133-135 Summit Avenue

Hagerstown, MD 21740

$410,000
Last Sold Price
Beds
5,656 Sq. Ft.
$72 / Sq. Ft.
5,656
Sq. Ft.
$72
per Sq. Ft.

Description

7 UINT APT BUILDING 3 UNITS completely redone. Seller just spent $92,000 Licensed in the City of Hagerstown & current lead certified. Parking lot in the rear of the building plus a 2 car detached garage. New furnace , new electric meters, 2 new 60 gal. water heaters. Located across from the Herald Mail News paper and a laundromat. A short walk to the Entertainment & Arts district, library and city park . Near public bus line. Three 1 bedroom units,($500., 575 .& 600.) Four 2 bedroom units($700. 800....7 UINT APT BUILDING 3 UNITS completely redone. Seller just spent $92,000 Licensed in the City of Hagerstown & current lead certified. Parking lot in the rear of the building plus a 2 car detached garage. New furnace , new electric meters, 2 new 60 gal. water heaters. Located across from the Herald Mail News paper and a laundromat. A short walk to the Entertainment & Arts district, library and city park . Near public bus line. Three 1 bedroom units,($500., 575 .& 600.) Four 2 bedroom units($700. 800. 800, & 700) and a 2 car garage.($100) Scheduled gross income $ 58,200.00. LEASES available. 48 Hours needed for showings. Qualified buyers only. Owner selling due to age and moved out of the area. NO owner financing. 100% rented Great Investment
  1. Listed by Joan M Jernigan • RE/MAX Achievers
    P: 3017979530 jjernsells@aol.com

Property Details for 133-135 Summit Avenue

Tax ID Number
2203008711
Ownership
Fee Simple
HOA
No
Structure Type
Detached
Style
Other
Waterfront
No
Views
Mountain, Street, City
Garage
Yes

Location

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LISTING UPDATED: 08/18/2022 06:38 AM

Property Details for 133-135 Summit Avenue

StatusClosed
MLS #MDWA170286
Days on Market458
Taxes$4,842 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.34 AC / 15,000 SF
CountyWashington County

Location

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Building Information for 133-135 Summit Avenue

Stories-Residences4Year Built1900Building Size-Lot Size0.34 AC / 15,000 SF

Payment Calculator

$2,641 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,238

Property Taxes

$404

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 133-135 Summit Avenue

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile
  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District County ID: 121138761341
  • SchoolDistrictSource: Listing Agent
  • Elementary School: BESTER (WASHINGTON MD)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: E RUSSELL HICKS (WASHINGTON MD)
  • MiddleSchoolSource: Listing Agent
  • High School: SOUTH HAGERSTOWN (WASHINGTON MD)
  • HighSchoolSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2021
  • Tax Assessed Value: $252,700
  • Year Assessed: 2021
  • County Tax: $2,301
  • Improvement Assessed Value: $169,200
  • City Town Tax: $2,540
  • Land Assessed Value: $90,000
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 110
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RMED
  • Tax Page Number: 0807
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Gas, Heat, Management, Sewer, Taxes - Real Estate, Water, Insurance, Trash Collection
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Units Furnished: None
  • Units Leased Count: 7
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 3
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $17,704
  • Operating Expense Includes: Insurance
  • Insurance Expense: $4,484
  • Pest Control Expense: $1,140
  • Water Avg Month: $286
  • Water Prev 12 Months: $3,431
  • Heating Oil Avg Month: $0
  • Heating Oil Prev 12 Months: $0
  • Electric Avg Month: $92
  • Electric Prev 12 Months: $1,104
  • Gas Avg Month: $153
  • Gas Prev 12 Months: $1,836
Financial Information
  • Gross Income: $58,200
  • Gross Scheduled Income: $58,200
  • Net Operating Income: $38,825
  • Annual Rental Income: $58,200
  • Income Includes: Apartment Rentals, Parking
  • Cap Rate: 9.00
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2020
  • Building Level Count: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 57x200
  • Lot Dimensions Source: Assessor
  • Lot Features: Sloping, Level
  • Road Surface Type: Paved
  • Road Responsibility: City/County
  • Road Frontage Length: 57.00
  • Location Type: Middle Of Block
  • Parcel ID: 11594187
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Detached Garage, Parking Lot, On Street
  • Num of Detached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Lot - # of Spaces: 4
  • Total Non-Garage Parking Spaces: 6
  • Parking Features: Free, Gravel Driveway, Private
  • Garage Features: Garage - Rear Entry
Interior Features
Interior Features
  • Interior Features: Combination Kitchen/Dining, Floor Plan - Traditional, Kitchen - Efficiency, Wood Floors
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: 2+ Access Exits
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Window Features: Bay/Bow
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Stone Retaining Walls, Street Lights, Sidewalks, Outbuilding(s)
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Radiator, Steam
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Pen-Mar Regional Association of REALTORS

Property History for 133-135 Summit Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 133-135 Summit Avenue

This home is within Washington County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bester Elementary School
PublicPK to 5

E. Russell Hicks Middle School
Public6 to 8

South Hagerstown High School
Public9 to 12

Barbara Ingram School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/18/2022 06:38 AM