Average square foot calculated using Size range provided by listing agent.
Description
🏡 INVESTMENT OPPORTUNITY – 5-Unit Multifamily with Value-Add Potential! Located in the heart of Hagerstown, this five-unit property presents a compelling investment with significant upside potential. Currently fully rented, this property boasts a strong rental history, making it a reliable income generator. Each unit is separately metered, with tenants responsible for electric and heat, keeping operating costs low. Private parking adds convenience for residents, while the property's solid bones make it an ideal candidate for minor updates to boost rental income. Simple upgrades and aligning rents with market rates could significantly enhance returns. With its central location, strong rental demand, and room for value-add improvements, this property is a rare find. Whether you're an experienced investor or looking to grow your portfolio, this is an opportunity to capitalize on passive income and appreciation potential.Show Description
MLS® NumberMDWA2029656
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1893
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard - Electric, Electric
A/CWindow Unit(s), Electric
Heating Fuel
Extras
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