1301 Virginia Ave
$600,000
1301 Virginia Ave, Hagerstown, MD 21740
10.65
Cap Rate
49,129.96
NOI
Details:
Highlights:
- Days on Market: 13
- Parking Features: Paved Parking
- Heating: Hot Water
Description:
Great Investment Opportunity – 5-Unit Multi-Building
Fully rented and cash-flowing, this 5-unit property is the perfect addition to any investor’s portfolio. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units.
Inside, you’ll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal.
On top of strong current income, there’s plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income.
This is a turn-key investment with upside potential in a sought-after rental market.
Location
Gallery
