Fully occupied 3-unit multifamily investment opportunity in Hagerstown at an affordable price point. 106 Randolph Avenue features three 1-bedroom, 1-bathroom apartments, all currently rented and producing stable in-place income. The simple unit mix makes the property easy to rent and manage, with strong demand for affordable 1-bedroom units. Current rents are below market, creating a clear value-add opportunity for a new owner to increase cash flow over time as leases renew and rents are adjusted toward market levels. All units have passed lead paint testing, and rental licensing documentation is in place. Ideal for investors seeking immediate income, long-term upside, and room to improve overall returns through rent growth.
Disclosure: Exterior landscaping may be different than shown in photos as a result of Hurricane Ian.
Listed By
Agency Name: RG Realty, Inc.
Agency Phone: 2402036393
Shown By
Agent Name: Patty Scherer
Agent Phone: (301) 695-9600 ext. 110
Agency Title: Bach Real Estate
Bach Real Estate Patty Scherer (301) 695-9600 ext. 110
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106 Randolph Avenue , Hagerstown, MD 21740.
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106 Randolph Avenue , Hagerstown, MD 21740.
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106 Randolph Avenue | MLS# MDWA2037470
This multi-family property located at 106 Randolph Avenue , Hagerstown, MD 21740 is currently listed for sale with an asking price of $279,000. Randolph Avenue is located within the WASHINGTON COUNTY PUBLIC SCHOOLS school district. Search Hagerstown real estate on pscherer.bachrealestate.com today.