About 311 Summit Ave
Great positive cashflow investment opportunity! Well maintained 6 unit apartment building 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 radiant heat! Each unit is 1 bedroom and 1 bathroom. Large backyard, detached garage. The owner will consider holding owner financing. Owner is also selling 419 Summit Ave with 5 units.
Features of 311 Summit Ave
| MLS® # | MDWA2031050 |
|---|---|
| Price | $599,900 |
| Bathrooms | 0.00 |
| Square Footage | 6,240 |
| Acres | 0.15 |
| Year Built | 1915 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 311 Summit Ave |
|---|---|
| Subdivision | DOWNTOWN HAGERSTOWN |
| City | HAGERSTOWN |
| County | WASHINGTON-MD |
| State | MD |
| Municipality | Hagerstown |
| Zip Code | 21740 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Radiator |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | WASHINGTON COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | BESTER |
| Middle | E. RUSSELL HICKS SCHOOL |
| High | SOUTH HAGERSTOWN SR |
Additional Information
| Date Listed | August 26th, 2025 |
|---|---|
| Days on Market | 49 |
| Zoning | CL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate Today |
|---|