817 & 819 DALE ST, Hagerstown, MD 21740
817 & 819 DALE ST, Hagerstown, MD 21740
817 & 819 DALE ST, Hagerstown, MD 21740
817 & 819 DALE ST, Hagerstown, MD 21740
817 & 819 DALE ST, Hagerstown, MD 21740
817 & 819 DALE ST, Hagerstown, MD 21740
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Listed by Adam Brand • Pearson Smith Realty, LLC
$ 329,900
Est. payment | /mo

2,344 SqFt


Save
$ 329,900
Est. payment | /mo
Save

2,344 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,344 sqft

Price per Sqft $140

MLS Listing ID MDWA2037706

Style Ranch/Rambler

Abv Grd Liv Area 2,344

Year Built 1912

Available Date 2026-06-19

Annual Tax Amount $3,909

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Property Sub-Type Detached

Source BRIGHT

Property Description

Unlock an exceptional investment opportunity with this fully occupied, single-story, four-unit apartment building. Exceeding the coveted 1% rule in the buyer's favor, this property offers a rare combination of consistent cash flow and strong market fundamentals. The owner is motivated to sell as they look to reallocate their equity into a new project, presenting a prime window for investors to acquire this turn-key asset.

Each of the four units is currently leased, providing immediate income upon closing with a total monthly rent of $3,325 and staggered lease expirations through March 2027 to ensure stability. The building is fully compliant, featuring a current city rental license and lead-free certification for all units. Operational efficiency is maximized with separate electric meters for each tenant, while the owner provides water, sewer, and trash services. Recent capital improvements include updated replacement windows and reliable electric baseboard heating.

Conveniently located with easy access to major interstates and shopping centers, the property features a dedicated off-street parking lot for four vehicles, along with side and rear alley access. This asset is currently professionally managed by Gold Coast Real Estate Group, and the owner highly recommends their services should the new owner wish to continue professional management. Detailed income and expense documentation is available to confirm that the numbers truly make sense. Reach out today to schedule your viewing and secure this rare investment gem. Please note that a 24-hour notice is required for all showings. Photos courtesy of Gold Coast Real Estate Group.

Location

State MD

County Washington

Zoning RMED

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Equipment Refrigerator, Oven/Range - Electric, Water Heater

Fireplace N

Appliance Refrigerator, Oven/Range - Electric, Water Heater

Heat Source Electric

Exterior

Utilities Available Cable TV Available

Water Access N

Accessibility Ramp - Main Level

Road Frontage City/County

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 2344

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2225005562

Ownership Fee Simple

SqFt Source 2344

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

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817 & 819 DALE ST