301 South Potomac Street

301 South Potomac Street

Hagerstown, MD 21740

$450,000
Last Sold Price
—
Beds
4,858 Sq. Ft.
$93 / Sq. Ft.
4,858
Sq. Ft.
$93
per Sq. Ft.

Closed 8/25/23

Closed 8/25/23

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a view of street with parked cars
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a en suite bathroom with a sink
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a view of a hallway with wooden floor
a living room with furniture and a wooden floor
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a bathroom with a sink and a mirror
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Description

Great Commercial Investment 2 Buildings for the Price of 1 The two-story residential corner building (S - Potomac St) enjoys close proximity to the popular Art & Entertainment District and features 4 - 1 bedroom units with a 100% occupancy rate and a gross yearly income of $43,200. Units have been updated w/in the past year as well as the railings on the stairwell. The one-story commercial-zoned building (W Lee St) has 4 Private Rooms with 2 updated Bathrooms + one additional efficiency apartment...Great Commercial Investment 2 Buildings for the Price of 1 The two-story residential corner building (S - Potomac St) enjoys close proximity to the popular Art & Entertainment District and features 4 - 1 bedroom units with a 100% occupancy rate and a gross yearly income of $43,200. Units have been updated w/in the past year as well as the railings on the stairwell. The one-story commercial-zoned building (W Lee St) has 4 Private Rooms with 2 updated Bathrooms + one additional efficiency apartment w/full bath and an updated kitchenette. The roof was replaced on 08/25/2021 as well as all flooring and fresh paint. A new sprinkler system was installed in 2022. Poured concrete was applied to the entire basement foundation. The (W Lee St) building is currently awaiting county approval for electrical and plumbing upgrades. It is currently zoned for commercial retail but can be rezoned to residential. It's up to the new owner to decide! The property is being sold STRICTLY AS-IS AND CAN ONLY BE SHOWN AFTER A LETTER OF INTENT HAS BEED SUBMITTED AND ACCEPTED. Please call the listing agent for additional questions or to submit an offer.
  1. Listed by Hugo J Medina • Samson Properties
    P: 7038535706 realtorhugo1@gmail.com

Property Details for 301 South Potomac Street

Tax ID Number
2203017672
Ownership
Fee Simple
Structure Type
Detached
Style
Contemporary
Waterfront
No
Garage
No
Municipality
Hagerstown
Total Parking Spaces
5

Location

Listing Courtesy of Samson Properties

Sold By EXP Realty, LLC

Add your commute
LISTING UPDATED: 10/03/2023 10:09 AM

Property Details for 301 South Potomac Street

StatusClosed
MLS #MDWA2015024
Days on Market41
Taxes$4,689 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1893
Lot Size0.17 AC / 7,285 SF
CountyWashington County

Location

Listing Courtesy of Samson Properties

Sold By EXP Realty, LLC

Add your commute

Building Information for 301 South Potomac Street

Stories-Residences4Year Built1893Building Size-Lot Size0.17 AC / 7,285 SF

Payment Calculator

$2,847 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 301 South Potomac Street

Location
Location
  • In City Limits: Yes
  • 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 SCHOOL (WASHINGTON MD)
  • MiddleSchoolSource: Listing Agent
  • High School: SOUTH HAGERSTOWN SR (WASHINGTON MD)
  • 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: $243,100
  • Year Assessed: 2021
  • County Tax: $2,229
  • Improvement Assessed Value: $190,600
  • City Town Tax: $2,460
  • Land Assessed Value: $57,200
  • Clean Green Assessed: No
  • Land Use Code: 104
  • Section: 1
  • Agricultural Tax Due: No
  • Zoning: 104 COMMERCIAL
  • Zoning Dscrp: PDH-8(RESIDENTIAL8DU/AC)
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $9,000
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 4
  • Number Of Units Vacant: 2
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $43,200
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2018
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Corner
  • Road Responsibility: City/County
  • Parcel ID: 11598730
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Parking Lot
  • Parking Lot - # of Spaces: 5
  • Parking Features: Private, Surface, Free
Interior Features
Interior Features
  • Interior Features: Combination Dining/Living
  • Fireplace: No
  • Appliances: Cooktop, Water Heater, Refrigerator
  • Accessibility Features: None
  • Security Features: Smoke Detector
  • Window Features: Double Pane
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Multi Units, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric, Central
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS

Property History for 301 South Potomac Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 301 South Potomac Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,312 ($193 / month)
Home Facts
Total Finished SqFt3,058 SqFtAbove Grade Finished SqFt3,058 SqFtStories2Lot Size7,285 SqFtStyleOffice BuildingYear Built1893ZoningROCountyWASHINGTONAPN03-017672

Schools near 301 South Potomac Street

This home is within Washington County Public Schools.
Rating
School
Type
Grades
Distance
Bester Elementary School
Public - PK to 5
E. Russell Hicks Middle School
Public - 6 to 8
South Hagerstown High School
Public - 9 to 12
Barbara Ingram School For The Arts
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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Listing Courtesy of Samson Properties

© 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 10/03/2023 10:09 AM