MLS: #MDWA2033898, Listed By: Petros Calomeris, L. P. Calomeris Realty, Source:Bright MLS
701 W Washington Street
HAGERSTOWN, MD 21740
4
Bed
0
Bath
1,835Sqft
0.27Acre(Lot)
Don’t miss this investment opportunity at 701 West Washington Street! This two-unit property with separate electric meters is ready to generate rental income. Each unit features 2 bedrooms and 1 full bathroom. The upper unit is currently rented for $1,250/month, while the lower unit is rented for $1,100/month. This property provides immediate cashflow. The main level boasts a bright living room, cozy dining room, and a fully functional kitchen. The upper level offers a second unit with privacy and flexibility. The detached one-car garage, alley access, and rear parking add convenience. Sold as-is and move-in ready, this property is a fantastic opportunity to own an income-generating gem in downtown Hagerstown!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 4 -
Heating & Cooling
Has Heating: Yes Heating: Oil, Radiant Cooling: None
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Building Information
Year Built: 1900 Building Area Total: 2451 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.27 Lot Size Source: Assessor Lot Size Square Feet: 11581
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Listing Price Information
Listing Price: $239999
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Tax Information
Parcel Number: 2203007839 Tax Year: 2025 Annual Tax: $2437
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Parking Information
Parking Total: 1 Off Street, On Street, Garage, DetachedGarage Information
Has Garage: Yes Garage Space: 1
-
Location Information
Direction: 1.) Take Exit 29B from I-70 Westbound: As you enter the Hagerstown area, watch for signs for Exit 29B (US-40 West / National Pike toward Hagerstown). Merge onto US-40 West / Dual Highway. Continue west for approximately 2.5 miles. (You'll pass under I-81 and through light commercial areas.) 2.) Turn right onto MD-144 West (West Washington Street): At the traffic light after about 2.5 miles on Dual Highway, turn right onto MD-144 West / West Washington Street. (This is a major intersection with clear signage for downtown Hagerstown.) Proceed straight for 0.5 miles. 3.) Arrive at 701 West Washington Street: Your destination will be on your right-hand side, in the 700 block of West Washington Street. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9947 Crossfield Road, Hagerstown, MD, 21740 | $675,000 | 8 | -- | 1,428 | 0.23 Acre |
| 382 S Cleveland Avenue, Hagerstown, MD, 21740 | $650,000 | 7 | -- | 5,602 | 0.25 Acre |
| 601-603 N Mulberry Street, Hagerstown, MD, 21740 | $389,900 | 4 | -- | 5,580 | 0.12 Acre |
| 113 117 119 Fairground .., Hagerstown, MD, 21740 | $435,000 | 6 | -- | 1,610 | 0.13 Acre |
| 422 N Locust Street, Hagerstown, MD, 21740 | $284,990 | 3 | -- | 2,580 | 0.06 Acre |
| 429 N Locust Street, Hagerstown, MD, 21740 | $600,000 | 6 | -- | 5,655 | 0.07 Acre |
| 106 Randolph Avenue, Hagerstown, MD, 21740 | $279,000 | 3 | -- | 1,998 | 0.02 Acre |
| 135 E Franklin Street, Hagerstown, MD, 21740 | $399,900 | 5 | -- | 12,645 | 0.29 Acre |
| 16 S Mulberry Street, Hagerstown, MD, 21740 | $525,000 | 6 | -- | 4,316 | 0.17 Acre |
| 400 N Potomac Street, Hagerstown, MD, 21740 | $800,000 | 7 | -- | 8,524 | 0.26 Acre |
Similar Multifamily To 701 W Washington Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 09/28/2026 @ 06:49
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