For Sale
$630,000

52 Cannon AveHagerstown, MD 21740

Solid Investment, Downtown Hagerstown, MD

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a six-unit apartment building located at 52 N Cannon Ave, Hagerstown, Maryland, 21740. This three-story, all-brick corner building boasts a highly visible location in downtown Hagerstown, offering significant income potential. The property features a mix of three one-bedroom and three two-bedroom units, all currently fully occupied. Recent upgrades include a new roof, new replacement windows, and a new gas furnace, ensuring minimal maintenance needs for the investor. The exterior also features a newer back deck and staircase. Each unit benefits from fully separated and metered electric service. The building's hardwood floors add to its charm. All lead certificates and inspections are up-to-date, providing peace of mind for the buyer. This property is situated on a corner lot, providing excellent street visibility and signage opportunities. Convenient access to essential support services further enhances its appeal. This offering can be packaged with another property (WA9657558) for a combined total of twelve units, presenting a compelling opportunity for portfolio expansion. The asking price for this six-unit building is $630,000.

Highlights

  • All-brick corner building.
  • Corner lot.
  • Downtown Hagerstown location.
  • 100% occupancy.
  • Individually metered utilities.
  • Excellent access to support services.

Property Details for 52 Cannon Ave

Property type
Apartment buildings
Class
C
Buildings
1
Stories
3
Units
6

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.6406809
Longitude
-77.7135078
52 Cannon Ave, Hagerstown, Maryland

FAQs

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52 Cannon Ave
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