17410 WOLFORD AVE new to site Save Request In-Person Tour Request Virtual Tour
Hagerstown,MD 21740
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,108 sqft
Price per Sqft $175
MLS Listing ID MDWA2029606
Year Built 1955
Annual Tax Amount $2,244
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Excellent 5-Unit Investment Opportunity – Prime Location in Hagerstown
Located at 17410 Wilford Avenue, this well-maintained 5-unit multifamily property presents a solid investment opportunity with stable income and long-term upside potential. The building consists of a mix of units: three 1-bedroom apartments, one 2-bedroom unit, and one spacious 3-bedroom unit, generating a gross annual income of $53,100. There is coin operated laundry for additional income.
Originally updated in 2013, the property features newer windows, roof, and white aluminum siding, offering long-lasting durability and curb appeal. Sitting on an oversized lot, the property also offers potential for future development or expansion, such as a small additional structure (subject to zoning approval).
Amenities include off-street parking for tenants and a convenient location near Halfway Park, shopping centers, and major interstates (I-70 & I-81), ensuring high rental demand. The property is in overall good condition, and while current rents may be slightly below market, there is room for value-add through rent adjustments.
Whether you're a seasoned investor or expanding your portfolio, this property offers strong fundamentals, cash flow, and future growth possibilities.
Don't miss this opportunity to own a turnkey income-producing property in a growing area!
Location
State MD
County Washington
Zoning RU
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 10.0
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2226031494
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard