FOR SALE $335,000 - Apartments, MultiFamily
52 N Cannon Ave, Hagerstown Md 21740
52 N Cannon Ave, Hagerstown Md 21740 – RG Realty is pleased to present a multifamily property located in Hagerstown, Maryland. The three story 6 unit all brick apartment building is comprised of 2 units on each floor. The first floor units include a one bedroom layout while most of the 2nd and 3rd floor units contain a two bedroom layout. In addition to the bedrooms, there is a living room, Kitchen and a full bath. The landlord furnished appliances include a electric range and refrigerator. The interior construction is generally plaster and or drywall and some wood panel walls with hardwood, laminate, or vinyl tile floors. The kitchens are generally updated with newer vinyl tile flooring, stainless steel sinks, wood cabinets and Formica counters. The bathrooms for the most part, have been updated with vinyl tile flooring, modern toilet, sink, full tub with shower or shower stall. All of the windows have been replaced with a typical vinyl double hung replacement window. The interior layout of the apartments is functional and typical for similar multi-family properties in the area and are in good condition. The size of each unit varies. However, all units are similar in composition.
There is no onsite parking but there is UN-metered parking along the streets. The subject area is a mixed-use neighborhood with various residential uses (multi-family) interspersed with commercial uses throughout the neighborhood. There is demand for this product with local/out of town investors continuing to buy/renovate these properties. The population in the general area is considered to be of sufficient size, diversity, and financial ability to support the subject and similar properties