805 W WASHINGTON ST Hagerstown, MD 21740

This is a rare investment opportunity to secure a stable and successful income with this 11 unit garden style apartment complex fully occupied. The property is well maintained making it a strong opportunity. The apartments maintain historically high occupancy with quality tenants, leasing rates haven't raised and are still approx. $100-$175 below market, offering room for upside without additional CAPEX. The property was built in 1900, and is composed of 9 large 1BR apartments, and 2 large 2BR apartments. All new replacement windows, new electric service, and most of the plumbing has been replaced. All units are separately metered and tenant responsibility, nothing to do here but start collecting rents! Property has been fully renovated.