Great investment opportunity! This rehabbed brick building in Hagerstown features three versatile units with excellent income potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers flexibility and multiple revenue streams. The property includes a 1-bedroom downstairs apartment, currently estimated to rent for $1,350 per month, and a 1-bedroom upstairs apartment with estimated rental income of $1,250 per month. The third unit is an office/efficiency space with potential for a small business or conversion to a residential unit, estimated to generate $800 per month. The large garage offers additional income potential, with parking spaces estimated at $100 each. Based on these estimates, the three units could generate approximately $3,400 per month, with additional income possible from garage parking. All three units have been painted throughout. The main floor unit has a private entrance. This unit has been updated with new windows, electrical, plumbing & HVAC. The upstairs apartment features updated light fixtures, a range hood, and countertops. The property also boasts a large lot with parking for approximately 8–10 vehicles, additional off-street parking, and convenient alley access. With multiple income-producing opportunities and the potential to maximize rental returns, this property is an excellent opportunity for investors looking to build or expand their portfolio. Property is being sold AS-IS. Schedule your showing today!`
Listed By
Agency Name: Charis Realty Group
Agency Phone: 3018315099
Shown By
Agent Name: Darlene Morton
Agent Phone:
Agency Title: Maverick Realty, LLC
Estimated Payment
$ 1,061.10 per month $723.31 Principal & Interest $243.00 Property Tax $94.79 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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224 Frederick Street | MLS# MDWA2040976
This multi-family property located at 224 Frederick Street, Hagerstown, MD 21740 is currently listed for sale with an asking price of $325,000. Frederick Street is located within the WASHINGTON COUNTY PUBLIC SCHOOLS school district. Search Hagerstown real estate on dmorton.maverickrealtyusa.com today.