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.
Property Type
Multi-FamilyCounty
WASHINGTONStyle
ColonialAD ID
49319623
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Baseboard - Electric
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1893
- Structure: Twin/Semi-Detached
- New Construction: No
- Total Units: 4
- Built: 1893
- Construction Material: Vinyl Siding,Wood Siding
- Foundation/Basement: Block
- Architecture: Colonial
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 5,100
- Lot Size (Acres): 0.12
- Architectural Style: Colonial
- Main Square Feet: 5,100
Property Information
- SQ ft: 3,007
- SQ ft (Living Area): 2,578
- Total Lot SQ ft: 5,100
- Total Acreage: 0.12
- New Construction: No
- Type: Colonial
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,315
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $191,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Off Street,On Street
Homeowners Association Information
- Direction: gps
-
School, Utilities & Location Details
School Information
- School District: WASHINGTON COUNTY PUBLIC SCHOOLS
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: gps
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BuyOwner last updated this listing 04/15/2025 @ 05:18
- MLS: MDWA2028180
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,578 sqft, 5,100 sized lot, and 0 parking. are nearby neighborhoods.