Cell: (301) 991-2151 | Office:(301) 745-1620
Doug Karn

15149 Bloyers Avenue, Hagerstown, MD 21740

$2,890,000
  • 15149 Bloyers Avenue, Hagerstown, MD 21740 Main Photo

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SQUARE FEET9,859 MLS#MDWA2035226
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SCHOOLWASHINGTON COUNTY PUBLIC SCHOOLS

Property Description

Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 Exchange Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange. With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential. Property Highlights Unit Mix (8) Two-Bedroom Units (8) One-Bedroom Units (1) Four-Bedroom Single-Family Home Stabilized Income All units are fully leased with strong occupancy, providing dependable rental income from day one. Major Capital Improvements Completed Extensive upgrades throughout the property include: New metal roofs on all buildings with a 30-year warranty Modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens Updated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliances New septic system installed Improved landscaping and paved parking lot Investor Advantages Lead-free certification Professionally managed for a smooth ownership transition Significant capital improvements already completed Located in the county with no city taxes Positioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy. This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.

15149 Bloyers Avenue | MLS# MDWA2035226

This multi-family property located at 15149 Bloyers Avenue, Hagerstown, MD 21740 is currently listed for sale with an asking price of $2,890,000. Bloyers Avenue is located within the WASHINGTON COUNTY PUBLIC SCHOOLS school district. Search Hagerstown real estate on www.dougkarn.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Lot Size: 2.72 Acres
Taxes: $7,801
Year Built: 1973

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Combination, Frame, Vinyl Siding
Lot Dimensions: 2.72 Acre(S)
One Bedroom Units: 1
Parking Notes: Paved Parking
Sewer: On Site Septic
Structure Type: Other
Studio Efficiency Units: 1
Three Bedroom Units: 1
Two Bedroom Units: 1
Units: 4
Water: Well

Local Schools

High School: CLEAR SPRING
School District: WASHINGTON COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: RG Realty, Inc.
Agency Phone: 2402036393

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Estimated Payment

$ 7,924.89 per month $6,431.89 Principal & Interest $650.08 Property Tax $842.92 Homeowner's Insurance

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