For sale
  • Price cut: $85K (7/29)
    $390,000

    246 N Locust St, Hagerstown, MD 21740

    5beds
    --baths
    4,523sqft
    : 
    Multi Family
    Built in 1914
    -- sqft lot
    $386,000 Zestimate®
    $86/sqft
    $-- HOA

    What's special

    REDUCED PRICE. 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. Don’t Miss Out! Schedule a tour today and secure your place in one of Hagerstown’s fastest-growing markets!
    139 days
    on Zillow
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    201
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