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About This Home

This 4-bedroom, 2-bathroom single family at 145 S PROSPECT Street in Hagerstown, MD is listed for $199,900 ($45 per sqft). Built in 1885, the home offers 4,440 sqft of living space on a 0.14 acres lot.

Agent Description

INVESTOR SPECIAL! Rare opportunity to acquire a three-unit apartment property with significant upside potential. The building has sustained fire damage and requires extensive renovation, making it best suited for cash buyers, hard money financing, or experienced investors.

Due to the property's current condition, most conventional, FHA, VA, and other traditional loan programs are unlikely to qualify. This property offers the chance to build equity and create strong rental income. The structure features three apartment units and presents an excellent value-add opportunity for investors, contractors, or developers looking to restore and reposition the asset.

Property is being sold strictly AS-IS. Buyer to verify all information, permits, zoning, and rehabilitation requirements. Bring your vision and unlock this property's full potential!

Key Features

  • Built in 1885
  • 0.14 acre lot
  • 3 stories

Property Details

3 stories
2 full
1885

Amenities

A/C

Monthly Cost Estimate

$1,069/mo

20% down · 6.5% · 30 years

Principal$145
Interest$866
Insurance$58

Estimates only. Actual payments may vary.

Location

145 S PROSPECT Street

Hagerstown, MD 21740

HAGERSTOWN

Property Details

Construction

Brick

Heating

Hot Water(Heating)

Cooling

Central Air

Questions & Answers

This 4-bedroom, 2-bathroom single family at 145 S PROSPECT Street is listed at $199,900 ($45/sqft). The estimated monthly payment is $866 based on 20% down at 6.5% interest.

Key features include: Built in 1885, 0.14 acre lot, 3 stories.

This property is listed by Robert J Krop and can be reached at 3015242887 or rob@kropteam.com.

RK

Robert J Krop

Agent at Keller Williams Realty Centre

(301) 524-2887

Listed by Keller Williams Realty Centre · View on Broker Site

MLS# MDWA2037510· Source: listhub· Updated 1 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

145 S PROSPECT Street, Hagerstown, MD 21740

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