$380,000

24 HIGH STREET, Hagerstown, MD 21740

  • 2,578 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1893
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $147/sqft
  • Property List Date Icon Listed 15 hours ago

Property Description

🏡 INVESTMENT OPPORTUNITY – 5-Unit Multifamily with Value-Add Potential! Located in the heart of Hagerstown, this five-unit property presents a compelling investment with significant upside potential. Currently fully rented, this property boasts a strong rental history, making it a reliable income generator. Each unit is separately metered, with tenants responsible for electric and heat, keeping operating costs low. Private parking adds convenience for residents, while the property's solid bones make it an ideal candidate for minor updates to boost rental income. Simple upgrades and aligning rents with market rates could significantly enhance returns. With its central location, strong rental demand, and room for value-add improvements, this property is a rare find. Whether you're an experienced investor or looking to grow your portfolio, this is an opportunity to capitalize on passive income and appreciation potential.

Listing Status:
Active
Listing Office:
RG Realty, Inc. : 2402036393
Listing Agent:
Roberto G. Gonzalez : 3019910207
MLS ID:
MDWA2029656
  • A/C: Window Unit(s)
  • Heating: YBaseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of Roberto G. Gonzalez, RG Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Salem Avenue Elementary School

1323 Salem Ave, Hagerstown, MD, 21740

Grades PK-5

0.85 miles away

W

Western Heights Middle School

1300 Marshall St, Hagerstown, MD, 21740

Grades 6-8

0.93 miles away

B

Barbara Ingram School for the Arts

711 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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