Hagerstown Homes with Fee Simple Ownership

Hagerstown Homes with Fee Simple Ownership

Welcome to Hagerstown, Maryland – a charming city that beautifully blends rich history with modern living. Nestled in Washington County, Hagerstown is the perfect place for those seeking a vibrant community with a small-town feel. With its prime location near the Appalachian Mountains and the scenic Potomac River, residents enjoy a wealth of outdoor activities, from hiking and biking to fishing and picnicking in the area’s many parks.

Hagerstown is steeped in history, with landmarks that date back to the 18th century, including the iconic Hager House and Museum and the beautifully preserved Maryland Theatre. The city boasts a bustling downtown area filled with unique shops, delightful eateries, and cultural attractions that make it a hub for both locals and visitors alike.

When it comes to real estate, Hagerstown offers a variety of homes that cater to diverse lifestyles and preferences. One of the standout features of this area is the availability of homes with Fee Simple Ownership. This means homeowners have full control over their property, providing a sense of stability and investment potential. Whether you’re looking for a charming historic home, a modern townhouse, or a spacious single-family residence, Hagerstown’s real estate market has something for everyone.

With its welcoming atmosphere, rich cultural heritage, and diverse housing options, Hagerstown is not just a place to live – it’s a community to thrive in. Discover the beauty and opportunity that awaits you in this delightful Maryland city!

Newest Hagerstown Homes with Fee Simple Ownership

$1,300,000
MDWA2040114 MLS
exclusive opportunity to acquire 424-426 N Locust Street, a fully occupied, turnkey 13-unit brick apartment building located in an established residential corridor near downtown Hagerstown, Maryland. The offering may be purchased individually or as part of a broader Hagerstown-area multifamily portfolio from the same ownership group, giving buyers flexibility to scale their acquisition. The building is comprised of thirteen 1-bedroom, 1-bathroom units plus available storage space, all currently occupied. The roof was replaced approximately one year ago, and most units have received major interior renovations and show very well, positioning this asset as a turnkey acquisition with minimal near-term capital requirements. Units are registered lead-free or lead-safe with the Maryland Department of the Environment, and required city inspections have been completed, reducing compliance risk and time-to-close for a buyer. This offering is supported by six months of actual, property-specific operating statements from the property's management company, a stronger underwriting basis than a portfolio-wide estimate. On a current, trailing basis, the property produces approximately $87,000 of annualized net operating income. A fully loaded Year 1 pro forma, incorporating vacancy, management, real estate tax, insurance, and reserves, projects approximately $73,000 of NOI, a cap rate of roughly 5.6% on the asking price. A below-market legacy unit offers clear embedded rent upside at turnover. Hagerstown sits at the crossroads of Interstate 81 and Interstate 70, giving the region direct access to the Baltimore, Washington D.C., and Philadelphia metropolitan areas, and supporting a diversified local economy anchored by healthcare (Meritus Health), logistics and distribution, and financial services. The subject property sits within a walkable corridor close to downtown Hagerstown, Meritus Medical Center, and the regional highway network.

426 N Locust St, Hagerstown

$424,900
5 Beds 3 Baths MDWA2040072 MLS
Welcome to 2 Sweet Brier Lane! Meticulously maintained by its current owners, this sprawling 5-bedroom, 2.5-bath home offers an abundance of space both inside and out. Situated on a large corner lot with a fully fenced yard, this property provides plenty of room to relax, entertain, and enjoy outdoor living. Inside, you’ll find generously sized living spaces and five bedrooms, offering the flexibility today’s buyers are looking for. The approximately 900-square-foot unfinished basement provides an incredible opportunity to create additional living space, a recreation room, home gym, office, or whatever best suits your needs. Major improvements include new windows and a new roof, providing peace of mind for the next owner. Combined with the exceptional care and maintenance from the current owners, this home is truly move-in ready while still offering plenty of opportunity to make it your own. Location is another standout feature, with Meritus Medical Center just minutes away, plus convenient access to restaurants, shopping, and everyday amenities. A short drive to the interstate makes commuting a breeze, providing easy access to surrounding communities and beyond. With its spacious interior, expansive corner lot, fenced backyard, substantial basement, recent major updates, and convenient location, 2 Sweet Brier Lane offers the perfect combination of space, comfort, and potential. Don’t miss the opportunity to make this well-cared-for home your own!

2 Sweet Briar Ln, Hagerstown

$424,900
3 Beds 2 Baths MDWA2040100 MLS
Open House, Sunday 9/13, 11 AM-1 PM Welcome to this beautifully updated home located in the desirable neighborhood of Walnut Point Heights. No city, Taxes, No HOA Fee's. This meticulously renovated 3-bedroom 2-bath, 3 car garage home boasts a modern aesthetic with sleek new flooring and paint throughout, new windows, and finished basement. The finished basement adds exceptional flexibility, featuring a full bath, expansive living area with a wood pellet stove, ideal for an office, gym, or guest space, and a separate exterior entrance - making it well-suited for extended living or potential income-producing use. This home has 2 full bathrooms beautifully remodeled with new fixtures and finishes. Just off the kitchen, enjoy a sun-filled dining area with direct access to the deck, creating an easy indoor-outdoor lifestyle. Enjoy the open floor plan, high ceilings, abundant natural light, and a large fully fenced in backyard for your furry friends - while relaxing or entertaining guests on the spacious back patio. Additional updates include a Hikvision Closed Circuit 6 Camera System, an existing Wired ADT Security System, a newer Water Heater and HVAC (2022), ceiling fans throughout, recessed lighting, manibloc pex plumbing, finished 1 car attached and 2 car detached garage, and recently resealed deck, offering peace of mind for years to come. BRING YOUR TOYS!!! Unique to this property is a 2x6 framed fully insulated oversized 2 car detached garage with workshop (28’x36’) with plenty of parking for your RV or boat. The detached garage provides exceptional top and bottom space for storage, vehicles, or hobbies. A 100 amp sub panel is installed and fully wired. An added bonus is a plumbed in air compressor system with 8 total air connection locations, and epoxy finished flooring, and an outdoor “Timber Mill” 12x16 shed. This move-in ready gem is the perfect blend of comfort, updates, and opportunity—all in one. This home is conveniently located near the Hagerstown Regional Airport, commuter routes and minutes from shopping/dining areas.  Call to schedule your appointment now. More pictures will be added, check back to view all. PLEASE NOTE: Public record or various internet sites may say land use / exempt. This means the current owner has tax exemption status. The land is included with the home, and a buyer has full access and right to use it.

15932 Hibiscus Dr, Hagerstown

$450,000
4 Beds 3 Baths MDWA2040042 MLS
Welcome to 30 Raymond Crossing - Built in 2022 in Gaver Meadows, four bedrooms and two and a half baths over about 2,160 square feet, with a walkout lower-level waiting to be finished. The main level is open front to back. The living room runs 16x17 and flows right into the dining area and kitchen, so nobody gets stuck in another room. The kitchen has white shaker cabinets, granite counters, a tile backsplash, stainless appliances, and an island with seating for four, plus a double basin sink under a window looking out back. Plank flooring and recessed lighting through the whole level. There's a separate 10x10 office off the mud room, a pantry, a powder room, and interior access to the two car garage. Upstairs the 13x16 primary has a ceiling fan, a walk-in closet running almost six by eleven, and a private bath with double vanity and a glass walk in shower. Three more bedrooms and a second full bath with a tub. Laundry is up here with the bedrooms, full size washer and dryer, not down in the basement. The lower level walks out. 649 unfinished square feet with a sliding glass door straight to the yard, so a rec room or in-law setup down there doesn't mean cutting an egress. Outside: fully fenced backyard with white vinyl privacy fence, mature trees along the rear, raised garden beds, and a long private driveway. The rear door off the dining area is deck ready. Gaver Meadows sits off Beaver Creek Road with long views toward the ridge. Washington County Public Schools. Quick access to US-40 and I-70 at exit 32A, minutes from Hagerstown.

30 Raymond Xing, Hagerstown

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