
24 High St Hagerstown, MD 21740
West End NeighborhoodEstimated payment $2,393/month
Highlights
- Colonial Architecture
- Electric Baseboard Heater
- Wood Siding
About This Home
INVESTMENT OPPORTUNITY – 5-Unit Multifamily with Value-Add Potential!Located in the heart of Hagerstown, this five-unit property presents a compelling investment with significant upside potential. Currently fully rented, this property boasts a strong rental history, making it a reliable income generator.Each unit is separately metered, with tenants responsible for electric and heat, keeping operating costs low. Private parking adds convenience for residents, while the property's solid bones make it an ideal candidate for minor updates to boost rental income. Simple upgrades and aligning rents with market rates could significantly enhance returns.With its central location, strong rental demand, and room for value-add improvements, this property is a rare find. Whether you're an experienced investor or looking to grow your portfolio, this is an opportunity to capitalize on passive income and appreciation potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,315
Year Built
- Built in 1893
Lot Details
- 5,100 Sq Ft Lot
Home Design
- Colonial Architecture
- Block Foundation
- Wood Siding
- Vinyl Siding
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 2225006267
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/22/2025 06/22/25 | For Sale | $380,000 | -- | $147 / Sq Ft |
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Source: Bright MLS
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