101-103 E North Ave
Hagerstown, MD 21740
Multifamily Property For Sale · 4 Units

Solid investment with this all brick Mix-use apartment building, 4 units, fully occupied with steady income. The building is currently in great condition. This investment property complies with the standard requirements with the city of Hagerstown's office of code compliance and lead paint laws enforced by the Maryland Department of the Environment (MDE) all lead inspections and certificates are up to date. This solid two story building, is located in the North End of Hagerstown Historic District, at the corner of Locust and North East Ave, in a quiet suburban neighborhood, and features 3 good sized apartments, two 2 bedrooms one bath unit and One 1 bedrooms 1 bath, approximately 925 ft. each, the units are spacious and well designed, with most having been updated in the past 3 years.In addition, a retail commercial space currently used as a neighborhood grocery servicing the area and established for over 10 years. All units are separately metered for electric, current rents are low for the location size and condition of the units, there is also an opportunity to raise the rents without any type of improvements. In addition, the property offers 4+ off street parking spaces located to the rear of the improvements with vehicular access via Locust St.