Rare Investment Opportunity Solid Brick 10-Unit Building + Garage in Hagerstowns 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 Hagerstowns 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 Hagerstowns 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.
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