This charming Colonial duplex is in a convenient location in Hagerstown and is well maintained. Both sides (836 & 838) are being sold together. Side 838 has (1) one bedroom unit and (1) two bedroom unit. Side 838 has (1) three bedroom unit. Both sides have separate gas meters and each unit has its own electric meter. All units are fully rented.
**Charming Multi-Family Investment Opportunity** Discover the potential of this multi-family property located at 422 and 422 1/2 McDowell Avenue in Hagerstown, MD. This property has two-units, each unit boasts 3 bedrooms and 1 bathroom. While the property requires renovations, it presents a fantastic opportunity for investors or homeowners looking to customize their space. Don’t miss out on this opportunity to make your mark in Hagerstown!
Welcome to 36 High Street! Owner financing possible. This conveniently located Hagerstown property is either your next affordable home, OR investment property! Monthly Rent is $775, with room to increase. Tenant pays all utilities. Lease is month-to-month. The home has lower than average taxes for this area, furthermore increasing its affordability! The property features a sealed metal roof, a recently replaced 2 year old furnace, all new replacement windows, and much more! The property features 2 full bathrooms, adding logistical value to the home. Don't wait, schedule your private tour TODAY!
Single family home renovated as an upper and lower duplex, consisting of two 2 bedroom, 1 full bathroom apartments. Live in one unit and use the other as an in-law apartment, adult children, or rent them out. Located on a large, beautifully maintained corner lot. The house had a brand new roof installed August 22nd. 1st Floor: new kitchen, countertops, new sink, new stove, and microwave, HVAC system is three years old, newly painted, new ceiling fans, new floors throughout, detached 14/40 two car garage with new roof and a newer washer and dryer and hot water heater. 2nd Floor: new floors, new paint and blinds, newer washer and dryer and hot water heater, detached one car garage with new roof and a newer Trex deck that is three years old. Both units are vacant.
Investor opportunity with immediate income and upside potential. Fully occupied duplex currently generating $2,253/month in rental income, with utility reimbursement averaging approximately $350/month to help offset operating expenses. Tenants are responsible for utilities. Offering 2,112 finished square feet on a 0.07 acre lot in an area with consistent rental demand and convenient access to shopping, dining, commuter routes, and downtown Hagerstown amenities. Strong opportunity for investors seeking an income producing multifamily property with long term potential. Buyer to verify all rental licensing, lead certification requirements, income, expenses, and use.
Don’t miss this investment opportunity at 701 West Washington Street! This two-unit property with separate electric meters is ready to generate rental income. Each unit features 2 bedrooms and 1 full bathroom. The upper unit is currently rented for $1,250/month, while the lower unit is rented for $1,100/month. This property provides immediate cashflow. The main level boasts a bright living room, cozy dining room, and a fully functional kitchen. The upper level offers a second unit with privacy and flexibility. The detached one-car garage, alley access, and rear parking add convenience. Sold as-is and move-in ready, this property is a fantastic opportunity to own an income-generating gem in downtown Hagerstown!
NO CITY TAXES – LEAD FREE- Rare Multi-Unit Investment Opportunity This FHA-eligible 4-unit property in Hagerstown is a rare chance to acquire three adjoining parcels deeded together, totaling nearly 1 acre (˜40,000 sq ft). The property includes four residential rental units plus a large 2-bay garage for added income potential, all with no city taxes. The layout features two detached single-family homes, each with 4 bedrooms and 2 baths, and a larger brick building containing two fully renovated 1-bedroom, 1-bath apartments. All structures are solid brick and block construction, built to last. The one-bedroom units were gutted and rebuilt with all new LVP flooring, drywall, doors, windows, fixtures, kitchens, and baths. Recent capital improvements across the property include new roofs, gutters, replacement windows, and updated plumbing and electrical systems. The nearly acre-sized footprint offers plenty of off-street parking and a convenient location near shopping, schools, restaurants, and commuter routes. This lead-free property is safer, easier to insure, and highly attractive to tenants. It is also FHA-eligible, making it perfect for an owner-occupant who can purchase with as little as 3.5% down. Live in one unit while rental income from the other three units plus the garage helps cover your mortgage. Whether you are a first-time buyer or an experienced investor, this property offers strong returns, long-term value, and flexibility rarely found in Washington County. With its combination of condition, income potential, multiple parcels, and no city taxes, this is truly a one-of-a-kind investment opportunity in the heart of Hagerstown.
POSSIBILITY OF 6 UNITS! Welcome to 601-603 North Mulberry Street, a 4 -unit residential investment. The property features 4, individually metered 1-bedroom apartments, with 2 separate entrances for each unit(8 total entrances). There are 2 additional attic units on each side that could be renovated into 2 additional efficiency or studio units! These additional attic units already have separate entrances, and the owner claims that a city inspector has said that these 2 units could be turned into additional residential space. The property is deeded as 2 separate parcels (601-603). The owner is willing to sell separately, but prefers to sell together as one portfolio. The properties will need some amount of renovation, with unit 603 needing more than cosmetic improvements. Call agent for estimated financials and rental estimates, or to schedule a private showing.
Fantastic Investment Opportunity – Fully Rented 5-Unit Turnkey Building This well-maintained 5-unit property is a turnkey investment, fully rented with reliable long-term tenants. Current rents are significantly below market, offering excellent value-add potential through rent increases to market rates. The building features four 1-bedroom units and one 2-bedroom unit with an additional office/den. Off-street parking is available at the rear of the property. Unit Breakdown: Unit 16 (First Floor): Living room, dining room, kitchen, bedroom, and bathroom Unit 16 (Second Floor): Living room, dining room, kitchen, bedroom, bathroom, and office/den Unit 16 ½: Main level includes living room and kitchen; second level has bedroom and bathroom Unit 18 (First Floor): Living room, kitchen, bedroom, and bathroom Unit 18 (Second Floor): Living room, kitchen, bedroom, and bathroom (currently rented) With strong occupancy, room to grow income, and minimal upkeep needed, this is a great opportunity for both new and seasoned investors.
INVESTORS SPECIAL! Nice four unit building available in downtown Hagerstown! The building has two sides each with a 1/1 bath unit and a 2/1 bath unit! Well-maintained!! Off-Street parking!
Hagerstown is located in Maryland. Hagerstown, Maryland has a population of 43,015. Hagerstown is less family-centric than the surrounding county with 26.59% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Hagerstown, Maryland is $42,965. The median household income for the surrounding county is $67,349 compared to the national median of $69,021. The median age of people living in Hagerstown is 35.6 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 40.7 inches per year, with 24.5 inches of snow per year.
