52 Cannon AveHagerstown, MD 21740

Property Details for 52 Cannon Ave

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Hagerstown

County

Washington

State

Maryland

Latitude

39.6407

Longitude

-77.7135

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