Turnkey 5-Unit Investment Property

This turnkey 5-unit investment property offers a strong opportunity for investors seeking immediate cash flow with future upside. The building is fully rented and well maintained, with reliable long-term tenants in place. No deferred maintenance is required, making this a true turnkey asset.

Current rents are significantly below market, which creates a clear value-add opportunity. As leases turn over, rents can be adjusted to market levels, allowing an investor to increase income and improve overall returns. This combination of stability and upside makes the property attractive to both new and seasoned investors.

Value-Add Potential in a Turnkey 5-Unit Investment Property

The property consists of four one-bedroom units and one two-bedroom unit with an additional office or den. All units are occupied, providing consistent monthly income from day one. Off-street parking is available at the rear of the building, which adds convenience for tenants and supports long-term occupancy.

The unit mix allows flexibility for future rent growth. One-bedroom units remain in high demand, while the two-bedroom unit with office space offers additional appeal for tenants seeking extra living or work-from-home space.

Unit Breakdown

Unit 16, First Floor: Living room, dining room, kitchen, bedroom, and bathroom.
Unit 16, Second Floor: Living room, dining room, kitchen, bedroom, bathroom, and office or den.
Unit 16 ½: Main level includes living room and kitchen, with bedroom and bathroom on the second level.
Unit 18, First Floor: Living room, kitchen, bedroom, and bathroom.
Unit 18, Second Floor: Living room, kitchen, bedroom, and bathroom, currently rented.

Investment Summary

With full occupancy, below-market rents, and minimal ongoing upkeep, this turnkey 5-unit investment property in Hagerstown offers a balanced profile of stability and growth. Investors benefit from immediate income while retaining the ability to enhance value through rent increases over time. This is a solid long-term hold in a rental market that continues to show strong demand. For additional information, call Roberto Gonzalez