244 S Locust St - Multi-Family FOR SALE


Hagerstown, MD 21740- Locust Point
$799,000 USD
301-346-3664
244 S Locust St, Hagerstown, MD for Sale
$799,000 USD
Multi-Family - FOR SALE
1/18
null | Request Cap Rate

244 S Locust St
Hagerstown, MD 21740
Locust Point


OVERVIEW

This rare offering includes three up-and-down duplexes (6 total units), each fully renovated in 2020 with new roofs, HVAC systems, and efficient mini-split units. Units are all 3 bedroom, 1 bath. All units are currently rented at $975/month on month-to-month leases, providing stable cash flow with flexibility for future rent increases or owner-occupancy. Tenants are responsible for all utilities. Each unit features private storage and 2 dedicated parking spaces, adding value and convenience for tenants. With strong rental history and modern upgrades throughout, this is an ideal investment for both seasoned and new landlords alike. Don’t miss this chance to own a fully rented, low-maintenance multifamily property in a growing market!

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Duplex Property

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

17-014862

ASK ABOUT THIS PROPERTY

Taylor BowenBerkshire Hathaway | Bowen RealtyMore Info
301-346-3664

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Taylor BowenBerkshire Hathaway | Bowen RealtyMore Info
301-346-3664

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.