42 East Ave , Hagerstown, MD 21740
Hagerstown, MD 21740
Description
This 6 unit apartment building located in Hagerstown, MD is a fantastic opportunity to build equity and generate immediate cash flow! This property has 8 mini storage units in the rear of the property as well that are all currently rented, making for tremendous additional cash flow. Tenant rent has not been increased in many years, and are all below comparable rental rates. All leases are presently month to month. 2 units will be occupied and 4 will be vacant. Renovations have been made to 1 of the vacant units. Landlord pays water & heat for all units. Property has 7 separate electric meters - 6 separate meters for each unit and 1 meter for the storage units. Each tenant pays own electric, cable, and internet. Off street parking lot in back.
Details
| MLS# | MDWA2023114 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 59 |
| Listing Provided By | Keller Williams Realty Centre | Andrew J Hopley |
Features
| SQ Feet | 8,181 |
|---|---|
| Zoning | RMED |
| Acreage | 0.23 |
Market Activity 21740
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Learn More About This Property
| State | MD |
|---|---|
| County | Washington |
| City | Hagerstown |
| Zip Code | 21740 |
| School District | Washington County Public Schools |
| Listing VS Median (in 21740) | |
Price: $499,900 low | high Med: $295,000 SqFt: 8,181 low | high Med: 1,666 $ / SqFt: $61 low | high Med: $177 On Site: 59 low | high Med: 421.000000 | |
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Thomas Shipley | (410) 507-6312 | 5005086
Taylor Properties - 175 Admiral Cochrane Dr. Suite 111-112, Annapolis, MD 21401
