42 East Avenue Hagerstown, MD 21740
This 6 unit apartment building located in Hagerstown, MD is a fantastic opportunity to build equity and generate immediate cash flow! This property has 8 mini storage units in the rear of the property as well that are all currently rented, making for tremendous additional cash flow. Tenant rent has not been increased in many years, and are all below comparable rental rates. All leases are presently month to month. 2 units will be occupied and 4 will be vacant. Renovations have been made to 1 of the vacant units. Landlord pays water & heat for all units. Property has 7 separate electric meters - 6 separate meters for each unit and 1 meter for the storage units. Each tenant pays own electric, cable, and internet. Off street parking lot in back.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyWashington
- Taxes$5,132
- HOA/Condo/Coop Fees$0
- Days on Site44 Days
- MLS StatusActive
- MLS ID NumberMDWA2023114
- Home Size Source Assessor
- Year Built1904
- Lot Size0.23 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Parking LotOn Street
- Sewer Public Sewer
- Number of Stories 4
- Acreage 0.23
- Water Public
- Property Sub Type Multi Family
- Attached Garage No
- Zoning RMED
Interior Features
- Cooling Window Unit(s)Electric
- Heating Hot WaterRadiatorNatural Gas
- Flooring HardwoodLaminated
Exterior Features
- Spa No
- Waterfront Property No