113, 117, 119 Fairground Ave, Hagerstown, MD 21740

Description

Three separately deeded parcels being sold together create an outstanding investment opportunity with immediate cash flow and future development potential. The sale includes the fully renovated duplex at 117 & 119 Fairground Ave along with the adjoining buildable lot at 113 Fairground Ave for a combined purchase price of $435,000.

The duplex is fully occupied and currently generates $3,480 per month ($41,760 annually) in gross rental income. Unit 117 rents for $1,800/month and features 3 bedrooms, 1 full bath, and 1 half bath. Unit 119 rents for $1,680/month and offers 3 bedrooms and 1 full bath. Annual real estate taxes for all three parcels total approximately $6,816.
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