SOLD $700,000 - MultiFamily
Hagerstown 6 Unit investment opportunity located at 715 Oak Hill Ave, Hagerstown, MD 21740. This well kept six unit apartment building in the North End of Hagerstown is an investor’s dream, offering strong long term rental demand, a clean unit mix, and low owner utility exposure.
North End Hagerstown Investment Property
This property is located in one of Hagerstown’s most consistent rental areas. The North End is known for stable tenant demand, walkable amenities, and convenient access to major routes. As a result, this location supports long term occupancy and dependable income for investors.
Unit Mix and Interior Features
This Hagerstown 6 Unit building consists of six apartments, and each unit offers two bedrooms and one full bath. In addition, the units feature hardwood floors, giving the building a classic look that holds up well over time.
Heating Systems and Utility Structure
A key advantage of this Hagerstown 6 Unit property is the utility setup. Four units are heated with natural gas radiant heat, while two units use electric baseboard heat.
Tenants pay their own heat, hot water, and electric, which helps keep owner expenses controlled. Meanwhile, the owner covers:
Common area electric
Water and sewer
Trash service
Landscaping
Snow removal
Because of this structure, the property is attractive to investors looking for better long term operating efficiency.
Additional Income With Coin Operated Laundry
The building includes a coin operated laundry, which creates additional income beyond the rents. This is a strong feature because it improves cash flow while providing a convenient amenity that tenants appreciate.
Why This Hagerstown 6 Unit Stands Out
If you are looking for a multifamily investment property in Hagerstown, this building checks the right boxes. It is well kept, has a highly rentable unit mix, and offers tenant paid utilities, which is always a major plus.
In short, 715 Oak Hill Ave is a solid option for investors who want a stabilized Hagerstown 6 Unit property with long term upside. Call Roberto Gonzalez for more information.
