$ 745,000
-
$745,000
Price -
8
Bed -
0
Bath -
1,428
SqFt
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About the Listing RGRE1 - 124248
NO CITY TAXES – LEAD FREE- Rare Multi-Unit Investment Opportunity This FHA-eligible 4-unit property in Hagerstown is a rare chance to acquire three adjoining parcels deeded together, totaling nearly 1 acre (≈40,000 sq ft). The property includes four residential rental units plus a large 2-bay garage for added income potential, all with no city taxes. The layout features two detached single-family homes, each with 4 bedrooms and 2 baths, and a larger brick building containing two fully renovated 1-bedroom, 1-bath apartments. All structures are solid brick and block construction, built to last. The one-bedroom units were gutted and rebuilt with all new LVP flooring, drywall, doors, windows, fixtures, kitchens, and baths. Recent capital improvements across the property include new roofs, gutters, replacement windows, and updated plumbing and electrical systems. The nearly acre-sized footprint offers plenty of off-street parking and a convenient location near shopping, schools, restaurants, and commuter routes. This lead-free property is safer, easier to insure, and highly attractive to tenants. It is also FHA-eligible, making it perfect for an owner-occupant who can purchase with as little as 3.5% down. Live in one unit while rental income from the other three units plus the garage helps cover your mortgage. Whether you are a first-time buyer or an experienced investor, this property offers strong returns, long-term value, and flexibility rarely found in Washington County. With its combination of condition, income potential, multiple parcels, and no city taxes, this is truly a one-of-a-kind investment opportunity in the heart of Hagerstown.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
MDWA2033652
Year Built
1951
Total Square Footage
1,428
Lot/Acreage
0.23
County
Washington
School District
Washington County Public Schools
Elementary School
Greenbrier
Middle School
Boonsboro
High School
Boonsboro Sr
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1428
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R021
- Roof:
- Others:
- Sewer: Shared Septic
- Parking Features: Off Street,Parking Lot
Financial Details
- Tax Amount: $2,369
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
9947 Crossfield Rd Hagerstown, MD 21740
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