246 N Locust St N, HAGERSTOWN, MD 21740
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners



246 N Locust St N,HAGERSTOWN, MD 21740
$364,900
- 5 Beds
- - Baths
- 4,523 sq. ft.
- Multi-family
- Active
Listed by:roberto g. gonzalez
Office:rg realty, inc.
MLS#:MDWA2027602
Source:BRIGHTMLS
Price summary
- Price:$364,900
- Price per sq. ft.:$80.68
About this home
REDUCED PRICE. Priced to Sell! Incredible Value-Add Opportunity!
Exceptional investment opportunity in the rapidly growing Hagerstown market! This fully occupied, lead-free 5-unit multifamily property spans 3,280 sq ft and features five one-bedroom, one-bath units with a strong rental history. HUGE VALUE-ADD POTENTIAL — Current rents are below market, offering immediate upside through rent increases to align with market rates! The building is in fantastic condition with recent upgrades already completed—no additional expenses required. VERY LOW EXPENSES keep operating costs down and maximize profitability. Each unit has separate utilities, and a shared laundry room provides additional income potential.
With stable tenants, very low expenses, and steady cash flow, this property offers a reliable and high-upside investment. The seller is also offering a duplex in Hagerstown, which can be purchased individually or as part of a package for even greater returns.
Don’t Miss Out! Schedule a tour today and secure your place in one of Hagerstown’s fastest-growing markets!
Contact an agent
Home facts
- Year built:1914
- Listing Id #:MDWA2027602
- Added:149 day(s) ago
- Updated:August 14, 2025 at 01:30 PM
Rooms and interior
- Bedrooms:5
- Living area:4,523 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Year built:1914
- Building area:4,523 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$364,900
- Price per sq. ft.:$80.68
- Tax amount:$4,553 (2024)
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