About the Listing RGRE1 - 124248

Rare Investment Opportunity – Solid Brick 10-Unit Building + Garage in Hagerstown’s Arts District This is a prime opportunity to own a four-story, all-brick 10-unit apartment building with a freestanding 3-bay garage, located in the heart of Hagerstown’s Arts & Entertainment District. Positioned on a 0.22-acre parcel totaling 9,745 sq ft, the building includes 12,736 sq ft of gross building area and features a mix of 9 residential units and 1 commercial unit, all with separate electric meters. The site is zoned CC-MU (City Center – Mixed Use), offering long-term flexibility and value for investors. The building is fully leased and located just blocks from the new multi-use sports and events facility, University of Maryland Hagerstown campus, and the Washington County Library. 🔑 Highlights: Fully occupied 10-unit building (9 residential / 1 commercial) Separate utility metering for all units Detached 3-bay garage on-site Located within Hagerstown’s revitalization zone High visibility and walkable to key downtown amenities This property offers a stable rental income stream with future upside potential, a perfect fit for seasoned or new investors looking to grow their portfolio in a rapidly improving downtown market. 🏢 Unit Mix – 10-Unit Building 5 units – 3 bedrooms / 1 bathroom 3 units – 1 bedroom / 1 bathroom 1 unit – 2 bedrooms / 1 bathroom 1 commercial unit Each unit is individually metered for electric, and the property includes a freestanding 3-bay garage for additional value or potential rental income.

Listing Highlights