#MDWA2027602, Roberto G. Gonzalez, Listing Office: RG Realty, Inc.
505 W Church St Hagerstown, MD 21740
Property details
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!
Highlights
(ACTIVE)
Summary
- Parking: Off Street,Parking Lot,Other
- Architectural Style: Colonial
- Heating: Hot Water
- Cooling: Window Unit(s)
- List Price: $675,000
- Price/SqFt: $189
- Annual Tax Amount: $2,093
- Tax Year: 2024
- Directions: GPS
- Year Built: 1905
- Living Area: 3,556 SqFt
- Municipality: Hagerstown
- Lot Size: 0.05 Acres
- MLS Number: MDWA2025614
- MLS Name: BRIGHT
- Office Name: RG Realty, Inc.
- Office Phone: (240) 203-6393
- Listing Agent: Roberto G. Gonzalez
- Agent Phone: (301) 991-0207
- Agent Email: roberto@rgrealtyinc.com
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Last updated on: 5/21/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
505 W Church St
$8,016
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 16, 2022 | Home Sold | $240,000 |
May 09, 2022 | Home Sold | $182,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $245,700 | $2,093 |
2023 | $228,800 | $2,093 |
2022 | $211,900 | $1,938 |
2021 | $211,900 | $2,029 |
2020 | $211,900 | $1,972 |
2019 | $217,100 | $2,029 |
2018 | $217,100 | $2,029 |
2017 | $217,100 | $2,029 |
History based on county public records data.
Nearby schools
7
Salem Avenue Elementary School
Public District PK-5
0.8 mi
•1323 Salem Ave
3
Bester Elementary School
Public District PK-5
1.1 mi
•385 Mill St
9
Fountaindale Elementary School
Public Magnet PK-5
1.5 mi
•901 Northern Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,094. The majority of Hagerstown, MD residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living 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.
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.
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.
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.
About 505 W Church St
The listing price of 505 W Church St property is $675,000.
The property 505 W Church St is a house located in Hagerstown, Maryland, 21740.
Active Listing: 505 W Church St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 W Church St are: Salem Avenue Elementary School (GreatSchools Rating 7/10), Bester Elementary School (GreatSchools Rating 3/10), Fountaindale Elementary School (GreatSchools Rating 9/10), Western Heights Middle School (GreatSchools Rating 4/10), Northern Middle School (GreatSchools Rating 6/10), E. Russell Hicks Middle School (GreatSchools Rating 7/10), Barbara Ingram School for the Arts (GreatSchools Rating 9/10), North Hagerstown High School (GreatSchools Rating 6/10), South Hagerstown High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,093 (source: MLS/based on county public records data).
The last sale was on November 16, 2022 for $240,000 (source: MLS/tax record).
The property at 505 W Church St has 0 bathroom.
The property 505 W Church St is 3,556 SqFt (source: MLS/tax record).
The year of construction for 505 W Church St is 1905.
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. Features: 0 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $675,000.
Between March and April 2025, Hagerstown, MD real estate market has seen increase in the number of listings by 73.8%. Listings spent 64 days on the market in April 2025, and had a median list price of $329,000 during the same period.