SOLD $599,000 - Apartment Building, Commercial, MultiFamily
114-116 W FRANKLIN ST Situated in the vibrant core of Hagerstown, merely two blocks away from the developing Multi-use Sports Center Stadium, is this historic three-story mixed-use edifice, encompassing 6 distinct units. Tracing its origins back to around 1925, the building has seen substantial modern enhancements, including the recent installation of a new roof.
At this moment, 114-116 W FRANKLIN ST is fully tenanted, housing five residential units that each offer a one-bedroom, one-bathroom layout, strategically situated on the second and third floors. The building also features a spacious commercial unit, adding to its desirability. A standout attribute of this property is the separately metered electrical service for each unit, a convenience that allows tenants to maintain personal control over their utility expenses.
114-116 W FRANKLIN ST Set within a thriving mixed-use neighborhood, the property enjoys an advantageous location close to a diverse range of amenities, including restaurants, cafes, supermarkets, and shopping outlets, promising potential tenants a harmony of convenience and accessibility. In a significant addition to this opportunity, the adjoining building at 114-116 W FRANKLIN ST, hosting 5 units, is also available for acquisition from the same owner.
