SOLD Sold for: $900,000 - Apartment, Apartment Building, MultiFamily

RG Realty Inc.
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COMPLETED SALE · HAGERSTOWN MULTIFAMILY
A distinctive building. Personal attention through closing.
629 Oak Hill Avenue closed for $900,000 on August 21, 2026. Roberto Gonzalez of RG Realty represented the seller of this six-unit apartment building in Hagerstown’s Historic North End.
Sold · Seller represented
This is a completed transaction. The property is not available for purchase.
The challenge: limited comparable sales
According to Roberto, finding Hagerstown sales that offered a meaningful comparison at the building’s price per unit was a central challenge. Buyers needed to understand what made this particular building different, beyond its unit count and asking price.
Showing what made the building distinctive
Roberto emphasized the unusually spacious apartments, the building’s architectural character, and its curb appeal. He also highlighted improvements made to the property, including air conditioning added in each unit and newer kitchens, alongside features such as private balconies. These details helped buyers understand what distinguished the building beyond a straightforward price-per-unit comparison.
Improvements and features highlighted
- Air conditioning added in each apartment
- Newer kitchens
- Private balconies
- Spacious layouts and distinctive architectural details
The historical listing described six two-bedroom, one-bathroom apartments with separate living and dining areas, dens, sunrooms, private porches, and storage. Original woodwork and French doors contributed to the building’s character. Other listed features included individual HVAC systems, off-street parking, laundry facilities, and a detached four-car garage.
Making the financial picture clear
Selling an apartment building requires more than presenting attractive spaces. Buyers need to understand how the property operates as an investment, while lenders need a clear financial picture to evaluate financing.
Roberto’s work included presenting the property’s income and expense figures in a way the buyer and lender could understand and evaluate. Alongside the building’s improvements and distinctive features, that financial presentation helped explain the investment beyond its asking price.
Personal involvement through buyer due diligence
Roberto worked closely with the property manager to address issues and communicated with the buyer about their concerns. Although he represented the seller, keeping those concerns clear and working toward their resolution was an important part of moving the transaction forward.
He met with the property manager at the building repeatedly, returning to follow up on corrections, check that work was completed properly, and help keep it moving within the transaction’s timeline. His involvement continued until the identified corrections had been addressed.
The result
The six-unit property closed for $900,000—$150,000 per unit—on August 21, 2026. The transaction illustrates the practical work behind a multifamily sale: presenting a distinctive building, communicating through buyer concerns, and following up personally on the details needed to reach closing.
Transaction details and account provided by Roberto Gonzalez. Property features reflect the historical listing.
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Looking to buy? Explore available multifamily properties →Features
- Ample Parking
- Central Air
- Close to all conveniences
- Corner Lot
- Crown Molding
- Custom kitchen cabinets
- Designated Parking
- Desirable Community
- Excellent Location
- Fully equipped kitchen
- Fully Occupied
- Fully separated/metered electric
- Good access to essential support services
- Granite kitchen Tops
- Large Building
- Large front and rear covered porches
- North End
- Off Street parking
- Storage bins for tenants
