106 RANDOLPH Avenue
Property Description
Fully occupied 3-unit multifamily investment opportunity in Hagerstown at an affordable price point. 106 Randolph Avenue features three 1-bedroom, 1-bathroom apartments, all currently rented and producing stable in-place income. The simple unit mix makes the property easy to rent and manage, with strong demand for affordable 1-bedroom units. Current rents are below market, creating a clear value-add opportunity for a new owner to increase cash flow over time as leases renew and rents are adjusted toward market levels. All units have passed lead paint testing, and rental licensing documentation is in place. Ideal for investors seeking immediate income, long-term upside, and room to improve overall returns through rent growth. 24 Hrs. Notice
Broker Details
RG Realty, Inc. (240) 329-9454
MLS ID: 124248 State License Number: 598229
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $279,000 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Lot Size: | 1,998.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $93,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-MDWA2037470
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