Other

246 N LOCUST STREET N

HAGERSTOWN , MD 21740

MLS#: MDWA2027602

$390,000

Status: Active
Listing number: MDWA2027602
Listing provided by: RG Realty, Inc.
Listing agent phone: None
Last update: 10 days ago
Browse Properties
DOWNTOWN HAGERSTOWN - Residential Income

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1914

Sq.Footage

4,523

REDUCED PRICE. Priced to Sell! Incredible Value-Add Opportunity! Exceptional investment opportunity in the rapidly growing Hagerstown market! This fully occupied, lead-free 5-unit multifamily property spans 3,280 sq ft and features five one-bedroom, one-bath units with a strong rental history. HUGE VALUE-ADD POTENTIAL — Current rents are below market, offering immediate upside through rent increases to align with market rates! The building is in fantastic condition with recent upgrades already completed—no additional expenses required. VERY LOW EXPENSES keep operating costs down and maximize profitability. Each unit has separate utilities, and a shared laundry room provides additional income potential. With stable tenants, very low expenses, and steady cash flow, this property offers a reliable and high-upside investment. The seller is also offering a duplex in Hagerstown, which can be purchased individually or as part of a package for even greater returns. Don’t Miss Out! Schedule a tour today and secure your place in one of Hagerstown’s fastest-growing markets!

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4523.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $390,000

  • Tax Amount

    4553.0

  • Sq. Footage

    4, 523

  • Price/SqFt

    $86

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

WASHINGTON

Elementary School

Middle School

High School

Listing Courtesy of Roberto G. Gonzalez , RG Realty, Inc.

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REDUCED PRICE. Priced to Sell! Incredible Value-Add Opportunity! Exceptional investment opportunity in the rapidly growing Hagerstown market! This fully occupied, lead-free 5-unit multifamily property spans 3,280 sq ft and features five one-bedroom, one-bath units with a strong rental history. HUGE VALUE-ADD POTENTIAL — Current rents are below market, offering immediate upside through rent increases to align with market rates! The building is in fantastic condition with recent upgrades already completed—no additional expenses required. VERY LOW EXPENSES keep operating costs down and maximize profitability. Each unit has separate utilities, and a shared laundry room provides additional income potential. With stable tenants, very low expenses, and steady cash flow, this property offers a reliable and high-upside investment. The seller is also offering a duplex in Hagerstown, which can be purchased individually or as part of a package for even greater returns. Don’t Miss Out! Schedule a tour today and secure your place in one of Hagerstown’s fastest-growing markets!

246 N LOCUST STREET N

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