UNDER CONTRACT $625,000 - Apartment Building, Apartments, MultiFamily
Hagerstown 6 Unit Apartment Building for Sale at 505 W Church St
Hagerstown 6 Unit investment opportunity located at 505 W Church St, Hagerstown, MD 21740. This fully occupied, all brick six unit property is just minutes from downtown and offers strong income with low maintenance ownership.
Fully Occupied Multifamily Investment in Hagerstown MD
This building is currently generating $6,650+ in monthly rental income, with potential upside by increasing rents to full market levels. In addition, the property benefits from a unit layout that appeals to long term tenants and supports consistent occupancy.
Unit Mix and Building Features
Each apartment offers approximately 700 square feet of living space. The property includes separate electric meters, which means utilities are tenant paid. This keeps operating costs lower and makes the building more attractive to investors seeking clean financial performance.
In addition, the building features updated replacement windows, improving energy efficiency and overall tenant comfort.
Durable All Brick Construction With Low Maintenance Profile
A major strength of this Hagerstown 6 Unit property is its construction. Built with all brick exterior and a brick/masonry foundation, the building offers long term durability, ease of ownership, and strong structural integrity. For investors, this can translate into lower maintenance exposure over time.
Location Near Downtown and Arts & Entertainment District
505 W Church St sits near downtown Hagerstown and at the gateway to the Arts and Entertainment District, an area that continues to benefit from ongoing revitalization and mixed use growth. As a result, this location remains attractive to both local and out-of-town investors looking for long term appreciation potential in a growing market.
Why Investors Like This Hagerstown 6 Unit
If you are searching for a multifamily property for sale in Hagerstown MD, this building checks the right boxes. It is fully occupied, income producing, and built for long term performance. Additionally, tenant paid utilities and solid construction make it easier to manage, while rent upside provides value add potential. For additional information call Roberto Gonzalez
