400 N Potomac St, Hagerstown, MD 21740

Hagerstown
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
400 N Potomac St,Hagerstown, MD 21740
$800,000
  • 7 Beds
  • - Baths
  • 8,524 sq. ft.
  • Multi-family
  • Active
Listed by: roberto g. gonzalez
Office: rg realty, inc.
MLS#:MDWA2039250
Source:BRIGHTMLS

Price summary

  • Price:$800,000
  • Price per sq. ft.:$93.85

About this home

400 North Potomac Street, together with 2 and 4 East North Avenue, is an 8 unit and space mixed use income property in the North End of Hagerstown, Maryland. The property consists of seven one bedroom, one-bathroom apartments and one ground floor commercial space, all under professional third-party management. It is 87.5% occupied, with 7 of 8 units and spaces leased. Current collected rent is $8,065 per month, or $96,780 annually. Scheduled rent, including Unit 2B at its listed rent of $1,150, is $9,215 per month, or $110,580 annually. Deposits held total $7,375. The building has been meaningfully improved. The roof has been recently replaced, and the property carries all new replacement windows throughout, the two largest capital items on a building of this vintage. A buyer steps into that work rather than budgeting for it. Underwriting reflects reported 2026 year to date results, annualized, plus owner paid real estate taxes of $14,313, insurance of $7,518, and a 7% management...

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Home facts

  • Year built:1903
  • Listing ID #:MDWA2039250
  • Added:3 day(s) ago
  • Updated:August 14, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:7
  • Living area:8,524 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Year built:1903
  • Building area:8,524 sq. ft.
  • Lot area:0.26 Acres
  • Architectural Style:Colonial
  • Construction Materials:Block, Concrete, Stone
  • Foundation Description:Block, Concrete Perimeter

Schools

  • High school:NORTH HAGERSTOWN

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$93.85
  • Tax amount:$14,313 (2025)

Parking

  • Parking description:Attached Garage, Garage - Front Entry
  • Garage:Yes
  • Garage spaces:2

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