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246 N LOCUST N STREET, HAGERSTOWN, MD 21740
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$364,900
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Home Details for 246 N LOCUST N STREET
Price
$364,900
Type
Multi Family
Bedrooms
5
Year Build
1914
Sq. Ft.
4523
Lot Size
0.08
County
WASHINGTON
Tax
$4,553
MLS®️ Listing#
MDWA2027602
On exitrealty.com
178 days
Property Description
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!
- Cooling Information
- Ceiling Fan(s)
- Electric
- Heating Information
- Electric
- Baseboard
- Water Features
- Public
- Parking
- On Street
Listing Courtesy: RG Realty, Inc. - 240-203-6393
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 09:39:41
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$364,900
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