24 High Street

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.

© 2025 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of RG Realty, Inc.. Data last updated on Tuesday, April 29th, 2025 12:02:11 PM.