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PRICE $675,000 dsIDX morgage calculator
SIZE 3,556 sqft
LOT SIZE 2,178 sqft

Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy. Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area. Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstown's arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Don't miss this chance to acquire a low-maintenance, high-potential property in a prime location!

DAYS ON MARKET 8 LAST UPDATED 11/15/2024
YEAR BUILT 1905 COUNTY WASHINGTON
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
CONSTRUCTION Brick
HEAT Electric, Hot Water
LOT 2178 sq ft
PARKING On Street
SEWER Public Sewer
TAXES 4710
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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