6 Unit Mixed-Use Property for Sale in Hagerstown, MD

Fully Occupied 6-Unit Property | 4 Apartments + 2 Commercial Units

Turn-Key Investment Opportunity. This fully occupied six-unit mixed-use property offers immediate and stable cash flow. The building includes four residential apartments and two commercial units. All units are contained within one integrated three-story brick and siding structure.

The property is located at 117–119–121 East Antietam Street in Hagerstown, Maryland. It sits near the center of the city in an established mixed-use corridor. As a result, the location benefits from consistent tenant demand.

The asset consists of three separate tax parcels that are improved and operated as one integrated investment property. However, the building functions as a single cohesive asset for ownership and management purposes.

The improvements include one integrated three-story mixed-use building spanning all three parcels. Additionally, the property features a detached garage and approximately 20 on-site parking spaces. This on-site parking is a valuable feature for a mixed-use property in this area.

Recent capital improvements have been completed to enhance operating efficiency. Most notably, the former common heating system has been replaced with individual baseboard heating in each unit. As a result, heating costs are now passed directly to the tenants, and the owner’s gas expense has been eliminated.

In addition, all windows throughout the building have been replaced. This upgrade improves energy efficiency, enhances tenant comfort, and reduces long-term maintenance exposure.

With 100 percent occupancy, a clean utility structure, and major systems already addressed, this property offers a true plug-and-play investment. Therefore, it is well suited for buyers seeking stabilized income with minimal deferred maintenance.

Furthermore, the property is positioned near ongoing neighborhood investment. This includes a new multi-use sports center stadium currently under construction. Consequently, the asset offers both dependable cash flow and long-term appreciation potential.