Residential Income in HAGERSTOWN

$650,000

382 CLEVELAND, 21740, HAGERSTOWN, MD

Residential Income for sale in HAGERSTOWN, 382 CLEVELAND, 21740, 5602 m²

382 CLEVELAND, 21740, HAGERSTOWN, MD

$650,000

5602
Type: Residential Income

Description

Prime Corner Location just behind the new Hagerstown SportsPlex/Field House! This exceptional mixed-use property offers outstanding investment potential with 3 income-producing residential apartments, 12 parking spaces, and 2 garages. The expansive first floor features 6 private office/exam rooms, 4 half bathrooms, and a kitchen. Previously operated as a daycare and, before that, as a medical office, this versatile space is ideal for a wide range of commercial uses, including professional offices, medical practices, educational facilities, and more. It may also offer the opportunity to be converted into additional residential units, subject to buyer verification and approval. Buyers are encouraged to perform their own due diligence with the City of Hagerstown regarding zoning, permitted uses, and redevelopment possibilities. The upper level consists of 3 residential apartments, providing immediate rental income and multiple revenue streams. The building is also equipped with a sprinkler system, adding value and flexibility for future use. Located in one of Hagerstown's fastest-growing commercial and entertainment districts, this corner property offers excellent visibility, easy access, and tremendous long-term appreciation potential. Whether you're an investor looking to expand your portfolio, an owner-occupant seeking business space with rental income, or a developer exploring future opportunities, this property delivers exceptional versatility and value. Don't miss this rare opportunity to own a high-income mixed-use property in one of Hagerstown's most desirable growth areas!

Location

382 CLEVELAND, 21740, HAGERSTOWN, MD

Data

Object TypeResidential Income
Purchase Price$650,000
Living Space5602 m²
Plot Size993.6 m²
BathroomsN/A
Construction Year1962
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeCentral, Electric
Primary Energy SourceN/A
Construction Year1962
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent