Description
This prestigious three-story, all-brick corner building is located in the quiet suburban North End of Hagerstown's Historic District. Currently in excellent condition and meticulously well-maintained, this investment property fully complies with the city of Hagerstown's office of code compliance standards and lead paint laws enforced by the Maryland Department of the Environment (MDE). All lead inspections and certificates are up to date.The building features six oversized units: four one-bedroom units, one large two-bedroom unit, and one efficiency apartment. Most units have been thoughtfully updated within the past five years, with spacious, well-designed interiors that make for comfortable living. Each unit is separately metered for electric and hot water.With current rents considered low for the location, size, and condition of the units, there is potential for a new owner to raise rents without making additional improvements. This opportunity adds to the property's appeal as a sound investment.
Description
This prestigious three-story, all-brick corner building is located in the quiet suburban North End of Hagerstown's Historic District. Currently in excellent condition and meticulously well-maintained, this investment property fully complies with the city of Hagerstown's office of code compliance standards and lead paint laws enforced by the Maryland Department of the Environment (MDE). All lead inspections and certificates are up to date.The building features six oversized units: four one-bedroom units, one large two-bedroom unit, and one efficiency apartment. Most units have been thoughtfully updated within the past five years, with spacious, well-designed interiors that make for comfortable living. Each unit is separately metered for electric and hot water.With current rents considered low for the location, size, and condition of the units, there is potential for a new owner to raise rents without making additional improvements. This opportunity adds to the property's appeal as a sound investment.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gold Standard Group with eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-21T19:52:16.233.