new - 3 days on rocket

505 W Church St, Hagerstown, MD, 21740

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
3,556 SqFt
$190/SqFt
House

Location

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505 W Church St, Hagerstown$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff Street, Parking Lot, Other
Year Built1905
HeatingHot Water
CoolingWindow Unit(s)
MLS #MDWA2025614
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 505 W Church St

Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy. Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area. Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstown’s arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Don’t miss this chance to acquire a low-maintenance, high-potential property in a prime location!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1905
  • Living Area: 3,556 SqFt

Listing Office:

  • Office Name: RG Realty, Inc.
  • Office Phone: (240) 203-6393
  • Listing Agent: Roberto G. Gonzalez

Exterior Features

Parking Information:

  • Parking: Off Street, Parking Lot, Other

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Hagerstown

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $190/SqFt

Tax Information:

  • Annual Amount: $2,030
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hagerstown, MD.

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Hagerstown, MD

City

Med. Sold Price

$295.4K

Med. Price/SqFt

$164

Avg. Days On Market

24

# of Sold Homes

78

505 W Church St vs Hagerstown

3 DAYS ON ROCKET

-21 Days

$675,000

+$379.6K More

$190/SqFt

+$25 More

KEY TAKEAWAY

This property is $379.6K more than the Median Sold Price and $25/SqFt more than other homes in Hagerstown, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWA2025614

Listing Office:

  • Office Name: RG Realty, Inc.
  • Office Phone: (240) 203-6393
  • Listing Agent: Roberto G. Gonzalez

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,030$211,900
2020$1,972$211,900
2019$2,029$217,100
2018$2,030$217,100
2017$2,030$217,100

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-392473
7
/10

  • Salem Avenue Elementary School

  • 1323 Salem Ave

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-392474
3
/10

  • Bester Elementary School

  • 385 Mill St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-392475
10
/10

  • Fountaindale Elementary School

  • 901 Northern Ave

  • 1.46 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,094. The most common annual income of people living in Hagerstown, MD is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Hagerstown, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Hagerstown, MD.

The housing landscape in Hagerstown is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Single-family homes are prevalent, reflecting a range of architectural styles from historic colonial to contemporary designs. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living standards.

What is it like to live in Hagerstown, MD?

Hagerstown prides itself on a rich historical heritage and a vibrant cultural scene. The community's character is shaped by its numerous museums, theaters, and art galleries, which play a pivotal role in the city's social fabric. Annual events and festivals celebrate the area's history and diversity, fostering a sense of pride and togetherness among residents.

Is it easy to get around Hagerstown, MD without a car?

Residents of Hagerstown benefit from a robust selection of services, including a network of public and private schools that cater to a range of educational needs. The city is home to several healthcare facilities offering a spectrum of medical services, from primary care to specialized treatments. Public libraries serve as valuable community resources, and the local retail and dining establishments reflect the city's eclectic charm and cultural influences.

Transportation in Hagerstown, MD.

Transportation in Hagerstown is facilitated by a combination of public transit options and well-maintained roadways that connect the city to surrounding areas. The public transportation system provides residents with access to essential services and employment centers. The community's walkability varies by neighborhood, with some areas offering more pedestrian-friendly environments than others. Ongoing initiatives aim to enhance the efficiency and accessibility of the city's transport infrastructure.

Frequently Asked Questions About 505 W Church St

What is the listing price of this property?

The listing price of 505 W Church St property is $675,000.

What type of property is this?

The property 505 W Church St is a house located in Hagerstown, Maryland, 21740.

Is this property for sale now?

Active Listing: 505 W Church St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,030 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 505 W Church St is 3,556 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 W Church St is 1905.

Rocket Homes›Maryland›Washington County›Hagerstown›21740›505 W Church St

This home is located at 505 W Church St in Hagerstown, MD and zip code 21740. This 3,556 square foot home, which was built in 1905, sits on a 0.05 acre lot. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $675,000.

Hagerstown, MD housing market in October 2024 saw over 20 listings sold above listed price, more than 28 sold at listed price and over 30 sold below. Between September 2024 and October 2024, Hagerstown, MD real estate market has seen increase in the number of listings by 9.5%. In October 2024 median list price was $295,400 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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