$ 332,500
-
$332,500
Price -
4
Bed -
0
Bath -
2,344
SqFt
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About the Listing PSTH6 - 3296672
Unlock an exceptional investment opportunity with this fully occupied, single-story, four-unit apartment building. This property perfectly aligns with the coveted 1% rule, offering a rare combination of consistent cash flow and strong market fundamentals. Each of the four units is currently leased, providing immediate income upon closing, with staggered lease expirations through the end of March 2027 to ensure stability. Tenants are paying in total $3,325 a month in rent. All four units have been certified lead-free, and the property maintains a current city rental license. Utilities are set up for success, featuring separate electric meters for each tenant, while the owner provides water, sewer, and trash services. The interior and exterior benefit from recent capital improvements, including updated replacement windows and reliable electric baseboard heating. Accessibility and convenience are key features of this location, offering easy access to major interstates and nearby shopping centers. Tenants enjoy both on-street parking and a dedicated off-street parking lot in the rear that accommodates four vehicles, complemented by alley access on both the side and rear of the lot. This turn-key asset represents a straightforward, income-generating addition to any portfolio. Detailed income and expense documentation is available for review, confirming that the numbers truly make sense on this one. Reach out today to schedule your viewing and secure this rare investment gem. Photos courteous of Gold Coast Real Estate Group, who currently manages the property and the owner is happy with their service. 24 hour showing notice required.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
MDWA2037706
Year Built
1912
Total Square Footage
2,344
Lot/Acreage
0.11
County
Washington
School District
Washington County Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances: Refrigerator, Oven/Range - Electric, Water Heater
- Air Cond:
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2344
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RMED
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $3,909
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
817 & 819 Dale St Hagerstown, MD 21740
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