24 High St,HAGERSTOWN, MD 21740
HAGERSTOWN, MD 21740
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.
Details
| MLS# | MDWA2028180 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1893 |
| Days On Site | 19 |
| Listing Provided By | RG Realty, Inc. | Roberto G. Gonzalez |
Features
| SQ Feet | 2,578 |
|---|---|
| Units | 4 |
| Zoning | RMED |
| Acreage | 0.12 |
| Water Front | Yes |
Market Activity 21740
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Learn More About This Property
| State | MD |
|---|---|
| County | WASHINGTON MD |
| City | HAGERSTOWN |
| Zip Code | 21740 |
| Area | WASHINGTON MD |
| School District | WASHINGTON COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21740) | |
Price: $380,000 low | high Med: $277,450 SqFt: 2,578 low | high Med: 1,482 $ / SqFt: $147 low | high Med: $202 On site: 19 low | high Med: 69 | |
