15149 BLOYERS AVE Hagerstown, MD 21740
9,859 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Under Contract
Purchase Type For Sale
Square Footage 9,859 sqft
Price per Sqft $293
Lot Size 2.720 Acres
MLS Listing ID MDWA2035226
Financing Cash,Conventional
Style Other
Total Units 4
Short Sale No
Originating MLS BRIGHT
Property Description
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.
Location
State MD
County Washington
Zoning RV
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot, Other
Building
New Construction N
Sewer On Site Septic
Water Well
Architectural Style Other
Additional Building Above Grade, Below Grade
Schools
High Schools Clear Spring
School District Washington County Public Schools
Others
Tax Amount $7,801
Tax Year 2025
Tax ID 2223007770
Ownership Fee Simple
SqFt Source 9859
Acceptable Financing Cash, Conventional
Special Sale Standard
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