419 SUMMIT AVENUEHAGERSTOWN, MD 21740

Commercial · 4,524 Sq. ft. | 0.16 Acres
$499,900 ACTIVE

419 SUMMIT AVENUE Overview

Time on Site:
307 days
Visits:
10

New roof going on both front and rear buildings, along with new gutters and downspouts. The owner will consider holding owner financing. Owner is also selling 311 Summit Ave with 6 units, will do package deal. Great positive cashflow investment opportunity! Well maintained 3 unit apartment building in the front and a 2 unit over under apartment in the rear with alley access. Not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas forced air heat! Separate electric meters. Large backyard. Rent roll available upon request, Schedule a tour today!!

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419 SUMMIT AVENUE Facts & Features

  • Type Commercial
  • Sq. ft. 4,524
  • Price/Sq.ft. $110
  • Lot 0.16 Acres

Details

General

School Information

  • Elementary School: BESTER
  • Middle Or Junior School: E. RUSSELL HICKS SCHOOL
  • High School: SOUTH HAGERSTOWN SR

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1922

Business Information

  • Business Type: Apartment Building

Location/Region

  • Country: US
  • County: WASHINGTON
  • County Or Parish: WASHINGTON
  • In City Limits: Yes

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 2302.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 2103.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $4,406.00
  • Tax Assessed Value: 230000.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Five Or More Units
  • Property Type: Commercial Sale
  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: RMOD

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 4524.00
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Cooling: None

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Size Acres: 0.16
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6840.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer
  • Water Access: No

419 SUMMIT AVENUE Neighborhood

Community

21740 (HAGERSTOWN) Demographics

39
Median Age
869
Population Density (per sq. mile)
26%
College Educated
$49,244
Estimated Median Income
12,586
Estimated Total Home Owners
10,867
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

419 SUMMIT AVENUE Market Data

Based on the last 30 days in this zip code

$344,511
Average List Price
$180
Average Price per Square Foot
53
Properties Sold
72
Average Days on Market
322
Properties for Sale
Calculations provided by Reliance Network

419 SUMMIT AVENUE History

Date Event Value Agent
8/26/2025Source: BRIGHT MLS Added to Database
August 26, 2025
Listing provided courtesy of Real Estate Today- MLS# MDWA2031026MLS ProviderContact Information: 3017919046