Description
Turn-Key Investment Opportunity. Fully occupied six-unit mixed-use commercial building offering immediate and stable cash flow. The property includes a garage and a large on-site parking lot, both conveying with the sale, a valuable feature in this established mixed-use corridor.The subject property is located near the center of Hagerstown in a well-established mixed-use area with consistent tenant demand. The asset has recently undergone significant capital improvements that enhance operational efficiency and reduce owner expenses. The former common heating system has been replaced with individual baseboard heating in each unit, allowing heating costs to be passed directly to the tenants and fully eliminating the owner’s gas expense. All windows throughout the building have also been replaced, improving energy efficiency, tenant comfort, and long-term maintenance performance.With 100 percent occupancy, a clean utility structure, on-site parking, and a garage, this property offers a true plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. Its proximity to ongoing neighborhood investment, including a new multi-use sports center stadium currently under construction, further supports long-term value and upside potential.This is a solid, well-positioned asset in one of Hagerstown’s established commercial and residential areas, well suited for investors focused on dependable cash flow and long-term appreciation.
Description
Turn-Key Investment Opportunity. Fully occupied six-unit mixed-use commercial building offering immediate and stable cash flow. The property includes a garage and a large on-site parking lot, both conveying with the sale, a valuable feature in this established mixed-use corridor.The subject property is located near the center of Hagerstown in a well-established mixed-use area with consistent tenant demand. The asset has recently undergone significant capital improvements that enhance operational efficiency and reduce owner expenses. The former common heating system has been replaced with individual baseboard heating in each unit, allowing heating costs to be passed directly to the tenants and fully eliminating the owner’s gas expense. All windows throughout the building have also been replaced, improving energy efficiency, tenant comfort, and long-term maintenance performance.With 100 percent occupancy, a clean utility structure, on-site parking, and a garage, this property offers a true plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. Its proximity to ongoing neighborhood investment, including a new multi-use sports center stadium currently under construction, further supports long-term value and upside potential.This is a solid, well-positioned asset in one of Hagerstown’s established commercial and residential areas, well suited for investors focused on dependable cash flow and long-term appreciation.
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