SOLD $840,000 - Apartment Building, Apartments, MultiFamily
Value-Add Property in Hagerstown: Next to Multi-Use Sports and Events Facility!
Discover an excellent investment opportunity in Hagerstown. This strategically located property is situated next to the upcoming Hagerstown Multi-Use Sports and Events Facility stadium and just a block away from the picturesque Hagerstown City Park. Its prime location offers residents easy access to recreational activities, shopping, dining, and entertainment.
The property features 8 well-designed one-bedroom, one-bathroom apartments, each equipped with its own electric meter. The functional layout of each apartment ensures comfortable living spaces for residents. Additionally, the property boasts 4 carports and 3 garages, providing ample parking for residents and guests.
With the development of the sports and events facility, the property holds immense potential for value appreciation and increased demand. Its highly desirable location makes it a top choice for tenants seeking convenience and comfort.
This value-add property is also being sold alongside the adjacent 12-unit apartment building at 224-226 Summit, offering a total of 20 units for investment. Purchasing both properties presents an opportunity to create a larger and more profitable rental portfolio.
Don’t miss out on this chance to own a highly desirable investment property in the heart of Hagerstown. With the potential for strong rental income and capital appreciation, this opportunity won’t last long!
Contact us now to seize this fantastic investment opportunity in Hagerstown.
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Features
- All Brick
- All concrete Block
- Ample Parking
- Close to all conveniences
- Desirable Community
- Downtown Hagerstown
- Excellent Location
- Fixtures And Equipment Included
- Fully separated/metered electric
- Good access to essential support services
- Great Rental History
- Great visibility near downtown Hagerstown
- Large front and rear covered porches
- Multifamily
- Near City Park
