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246 N Locust Street N

HAGERSTOWN, MD 21740
  • $475,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: MDWA2027602
UPDATED: 49 min ago
$475,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,523
    SQFT
  • $105
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Description

Priced to Sell! Incredible Value-Add Opportunity! Exceptional investment opportunity in the rapidly growing Hagerstown market! This fully occupied, lead-free 5-unit multifamily property spans 3,280 sq ft and features five one-bedroom, one-bath units with a strong rental history. HUGE VALUE-ADD POTENTIAL " Current rents are below market, offering immediate upside through rent increases to align with market rates! The building is in fantastic condition with recent upgrades already completed"no additional expenses required. VERY LOW EXPENSES keep operating costs down and maximize profitability. Each unit has separate utilities, and a shared laundry room provides additional income potential.With stable tenants, very low expenses, and steady cash flow, this property offers a reliable and high-upside investment. The seller is also offering a duplex in Hagerstown, which can be purchased individually or as part of a package for even greater returns.Dont Miss Out! Schedule a tour today and secure your place in one of Hagerstowns fastest-growing markets!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-04-24T07:52:57.42.
www.deepcreeksales.com/homes/161550557
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246 N Locust Street N HAGERSTOWN, MD 21740

  • Price: $475,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 49 min ago
  • ID#: MDWA2027602
0
Beds
0
Baths
0
½ Baths
0.08
Acres
4,523
SQFT
$105
$/SQFT
1914
Built
Neighborhood:
Downtown Hagerstown
County:
Washington
School District:
Washington County Public Schools
Property Description
Priced to Sell! Incredible Value-Add Opportunity! Exceptional investment opportunity in the rapidly growing Hagerstown market! This fully occupied, lead-free 5-unit multifamily property spans 3,280 sq ft and features five one-bedroom, one-bath units with a strong rental history. HUGE VALUE-ADD POTENTIAL " Current rents are below market, offering immediate upside through rent increases to align with market rates! The building is in fantastic condition with recent upgrades already completed"no additional expenses required. VERY LOW EXPENSES keep operating costs down and maximize profitability. Each unit has separate utilities, and a shared laundry room provides additional income potential.With stable tenants, very low expenses, and steady cash flow, this property offers a reliable and high-upside investment. The seller is also offering a duplex in Hagerstown, which can be purchased individually or as part of a package for even greater returns.Dont Miss Out! Schedule a tour today and secure your place in one of Hagerstowns fastest-growing markets!
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Features Free Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4523 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(s) Fireplace YN No Heating Baseboard - Electric Heating YN Yes Interior Features Combination Kitchen/Dining Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Municipality Hagerstown Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 803697191720 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 4553.00 Vacation Rental YN No Water Source Public Zoning RMED

Listing courtesy of RG Realty, Inc.: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-04-24T07:52:57.42.
 
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Taylor-Made Deep Creek Real Estate
35 Towne Centre Way
McHenry MD, 21541