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MLS: #MDWA2037706, Listed By: Adam Brand, Pearson Smith Realty, LLC, Source:Bright MLS

817 & 819 Dale Street

HAGERSTOWN, MD 21740
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Bed 4

Bed

Bath 0

Bath

SqFt2,344

Sqft

Acres0.11

Acre(Lot)

Unlock an exceptional investment opportunity with this fully occupied, single-story, four-unit apartment building. Exceeding the coveted 1% rule in the buyer's favor, this property offers a rare combination of consistent cash flow and strong market fundamentals. The owner is motivated to sell as they look to reallocate their equity into a new project, presenting a prime window for investors to acquire this turn-key asset. Each of the four units is currently leased, providing immediate income upon closing with a total monthly rent of $3,325 and staggered lease expirations through March 2027 to ensure stability. The building is fully compliant, featuring a current city rental license and lead-free certification for all units. Operational efficiency is maximized with separate electric meters for each tenant, while the owner provides water, sewer, and trash services. Recent capital improvements include updated replacement windows and reliable electric baseboard heating. Conveniently located with easy access to major interstates and shopping centers, the property features a dedicated off-street parking lot for four vehicles, along with side and rear alley access. This asset is currently professionally managed by Gold Coast Real Estate Group, and the owner highly recommends their services should the new owner wish to continue professional management. Detailed income and expense documentation is available to confirm that the numbers truly make sense. Reach out today to schedule your viewing and secure this rare investment gem. Please note that a 24-hour notice is required for all showings. Photos courtesy of Gold Coast Real Estate Group.

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Detail Ic Property Details

Property Type : Residential Income

Price : $329,900

AD Id : 85682535

MLS Id : MDWA2037706

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 2,344

Year Built : 1912

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 4
  • Interior Features

    Appliances: Electric Range, Electric Oven, Electric Water Heater, Refrigerator, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Cooling: None

  • Building Information

    Year Built: 1912 Building Area Total: 2344 Construction Materials: Block Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.11 Lot Size Source: Assessor Lot Size Square Feet: 4792

  • Listing Price Information

    Listing Price: $329900

  • Tax Information

    Parcel Number: 2225005562 Tax Lot: 26 Tax Year: 2025 Annual Tax: $3909

  • Parking Information

    Off Street

  • Utility Information

    Cable Available
  • Location Information

    Direction: From I-81, take exit 6A for US-40 E, turn right onto Alexander St, turn right on Dale St. WaterSource: Public
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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 1,428 SqFt
135 Fairground Avenue, Hagerstown, MD, 21740 $359,900 6 -- 2,124 2,124 SqFt
601-603 N Mulberry Street, Hagerstown, MD, 21740 $389,900 4 -- 5,580 5,580 SqFt
422 N Locust Street, Hagerstown, MD, 21740 $284,990 3 -- 2,580 2,580 SqFt
228 E Washington Street, Hagerstown, MD, 21740 $275,000 3 -- 2,048 2,048 SqFt
106 Randolph Avenue, Hagerstown, MD, 21740 $279,000 3 -- 1,998 1,998 SqFt
16 S Mulberry Street, Hagerstown, MD, 21740 $550,000 6 -- 4,316 4,316 SqFt
629 Oak Hill Avenue, Hagerstown, MD, 21740 $1,175,000 12 -- 8,319 8,319 SqFt
141 S Mulberry Street, Hagerstown, MD, 21740 $224,995 3 -- 2,112 2,112 SqFt
25 S Locust Street, Hagerstown, MD, 21740 $445,000 6 -- 3,548 3,548 SqFt

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 07/19/2026 @ 03:09

MLS: MDWA2037706 LISTED BY: Adam Brand, Pearson Smith Realty, LLC 304-315-2773 SOURCE: Bright MLS

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