129 E Baltimore St, Hagerstown MD 21740

129 E Baltimore St, Hagerstown MD 21740
129 E Baltimore St, Hagerstown, MD, USA
UNDER CONTRACT $790,000 - Apartment Building, MultiFamily
MDWA2024046

129 E Baltimore St, Hagerstown MD 21740

Uncover a lucrative opportunity with this fully occupied 6-unit apartment building, generating $7,360/month in rental income and boasting low operating costs. Recently renovated, the building includes three spacious 2-bedroom units and three large 1-bedroom units, all utilizing a RUBS utility system, ensuring tenants are responsible for their own utilities. Located just minutes from downtown Hagerstown, residents enjoy convenient access to amenities, while the property offers a private parking lot at the rear for hassle-free parking. This turnkey investment requires minimal effort to start managing immediately.

Financial Performance

  • Gross Monthly Income: $7,360
  • Annual Gross Income: $88,320
  • Low Operating Expenses

Recent Improvements

The building has undergone recent renovations, enhancing its appeal to tenants and reducing maintenance costs for investors.

Unit Mix

  • 3 Spacious 2-Bedroom Apartments
  • 3 Large 1-Bedroom Apartments

Tenant-Friendly Features

  • RUBS (Ratio Utility Billing System) in place
  • Tenants responsible for their own utilities
  • Large private parking lot at the rear

Prime Location

Situated near downtown Hagerstown, tenants enjoy:

  • Easy access to local amenities
  • Proximity to shopping, dining, and entertainment
  • Convenient commute options

Investment Appeal

This Hagerstown apartment building presents a hassle-free investment opportunity. With its full occupancy, strong cash flow, and desirable location, it’s an ideal addition to any real estate portfolio. Step in and start managing this turnkey property today!

Why Invest in Hagerstown Real Estate?

  • Growing rental market
  • Stable local economy
  • Potential for property value appreciation

Contact us now to schedule a viewing and learn more about this exceptional multifamily investment opportunity in Hagerstown, Maryland.

Property on Map
WalkScore

Agent Roberto Gonzalez

Roberto Gonzalez

Roberto Gonzalez Roberto Gonzalez a native of Mexico City, brings a humble and straight forward approach to the world…
Know More

Contact

Similar Properties

Roberto Gonzalez

Roberto Gonzalez