$ 2,890,000
-
$2,890,000
Price -
0
Bed -
0
Bath -
9,859
SqFt
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About the Listing RGRE1 - 3295402
Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 Exchange Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange. With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential. Property Highlights Unit Mix (8) Two-Bedroom Units (8) One-Bedroom Units (1) Four-Bedroom Single-Family Home Stabilized Income All units are fully leased with strong occupancy, providing dependable rental income from day one. Major Capital Improvements Completed Extensive upgrades throughout the property include: New metal roofs on all buildings with a 30-year warranty Modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens Updated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliances New septic system installed Improved landscaping and paved parking lot Investor Advantages Lead-free certification Professionally managed for a smooth ownership transition Significant capital improvements already completed Located in the county with no city taxes Positioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy. This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Commercial Sale
MLS ®
MDWA2034974
Year Built
1973
Total Square Footage
9,859
Lot/Acreage
2.72
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Well
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 27
- Zoning: RV
- Roof:
- Others: Excellent
- Sewer: On Site Septic
- Parking Features: Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,801
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
15149 Bloyers Ave Hagerstown, MD 21740
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