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.
Year Built:
1904
Days on Market:
5
Listing ID:
MDWA2023114
List Date:
August 08, 2024
Property Type:
Five Or More Units
Ownership:
Fee Simple
County:
WASHINGTON
Cooling System:
Window Unit(s)
Water:
Public
Heating:
Hot Water, Radiator
Tax Year:
2024
Total Taxes:
$5,128
Courtesy of Keller Williams Realty Centre
This content was last updated on September 09, 2024 21:02