106 Randolph AvenueHagerstown, MD 21740

Description

Fully occupied 3-unit multifamily investment opportunity in Hagerstown at an affordable price point. 106 Randolph Avenue features three 1-bedroom, 1-bathroom apartments, all currently rented and producing stable in-place income. The simple unit mix makes the property easy to rent and manage, with strong demand for affordable 1-bedroom units. Current rents are below market, creating a clear value-add opportunity for a new owner to increase cash flow over time as leases renew and rents are adjusted toward market levels. All units have passed lead paint testing, and rental licensing documentation is in place. Ideal for investors seeking immediate income, long-term upside, and room to improve overall returns through rent growth. 24 Hrs. Notice

Property Information

Property type

Residential Income

Sub-type

Triplex

Structure type

Townhouse

Year built

1920

Living area

1,998 Sq Ft

Lot size

0.02 acres

Zoning

RMED

Days on market

13

MLS^® Listing#

MDWA2037470

Property Features

Appliances

Electric Water Heater

Cooling

None · Electric

Heating

Natural Gas · Radiant

Pool

None

Parking

On Street

Construction

Block

Foundation

Permanent

Sewer

Public Sewer

Water source

Public

Schools

Middle

NORTHERN

High

NORTH HAGERSTOWN

District

WASHINGTON COUNTY PUBLIC SCHOOLS

Financial Details

Annual taxes

$2,573Tax year 2025

Assessed value

$172,333

Parcel number

2222006762

Directions

GPS