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15149 BLOYERS AVE Hagerstown, MD 21740
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWA2034974
Year Built 1973
Annual Tax Amount $7,801
Tax Year 2025
Lot Size 2.720 Acres
Acres 2.72
Property Sub-Type Five Or More Units
Source 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)
Heat Source Electric
Exterior
Garage Spaces 27.0
Water Access N
Accessibility None
Total Parking Spaces 27
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
High Schools Clear Spring
School District Washington County Public Schools
Others
Tax ID 2223007770
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS