15149 Bloyers Ave — 17-Unit Multifamily Investment

Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 Exchange

Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings at 15149 Bloyers Ave, Hagerstown, MD 21740. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange.

With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential.

Property Highlights

• 17 residential units across four buildings
• 100% occupied and fully leased
• Asking price: $2,700,000
• MLS #: MDWA2040386

Unit Mix

• 8 two-bedroom units
• 8 one-bedroom units
• 1 four-bedroom single-family home

Stabilized Income

All units are fully leased with strong occupancy, providing dependable rental income from day one.

Major Capital Improvements Completed

• New metal roofs on all buildings with a 30-year warranty
• Modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens
• Updated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliances
• New septic system installed
• Improved landscaping and paved parking lot

Investor Advantages

• Lead-free certification
• Professionally managed for a smooth ownership transition
• Significant capital improvements already completed
• Located in the county with no city taxes

Positioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy.

This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.