15149 Bloyers Ave, Hagerstown, MD 21740

$2,700,000
9,859
SqFt

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List Price
$2,700,000
Days on Market
0
Status
ACTIVE
MLS#
MDWA2040394
Living Area
9,859
Lot Size (Acres)
2.7199999999999998
Style
Other
Year Built
1973
County
Washington
School District
Washington County Public Schools

Property Description

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.

Additional Information

Taxes
$7801
School District
Washington County Public Schools
High School
Clear Spring
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Water
Well
Sewer
On Site Septic

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Calculator source: Real Geeks

Listing courtesy of RG Realty, Inc.. Contact: