15149 Bloyers Ave — 17-Unit Multifamily Investment

Fully Occupied | Renovated | Professionally Managed | Potential 1031 Exchange Property

This 17-unit multifamily investment at 15149 Bloyers Ave, Hagerstown, MD 21740 offers rental income across four buildings. All 17 units have tenants, and professional management is in place. The asking price is $2,700,000.

Extensive renovations support a long-term investment with fewer immediate upgrade needs. In addition, the county location offers a quiet setting with no city taxes.

17-Unit Multifamily Investment Highlights

• 17 residential units across four buildings
• 100% occupied and fully leased
• Professional property management in place
• Asking price: $2,700,000
• MLS #: MDWA2040386

Unit Mix

The property combines one- and two-bedroom apartments with a four-bedroom single-family home:

• 8 two-bedroom units
• 8 one-bedroom units
• 1 four-bedroom single-family home

Fully Leased Rental Property

All units have leases in place, providing an existing rental income stream. Meanwhile, professional management can help support a smooth transition for the next owner.

For investors seeking portfolio growth, the mix of apartment sizes and a single-family home offers several housing options within one property.

Renovations and Capital Improvements

Ownership has completed extensive improvements throughout the property. These upgrades cover the roofs, interiors, septic system, and grounds.

• New metal roofs on all buildings with a 30-year warranty
• LED recessed lighting, waterproof laminate flooring, and updated trim
• Redesigned kitchens with premium cabinetry and countertops
• Select stainless-steel appliances
• New septic system
• Improved landscaping and a paved parking lot

County Setting Near Hagerstown

The property offers convenient access to regional amenities and commuter routes. Because it sits in the county, there are no city taxes. It also has lead-free certification.

Investment and 1031 Exchange Opportunity

This 17-unit multifamily investment offers an option for buyers seeking an established rental property. It may also serve as a potential replacement property for a 1031 exchange.

Contact Roberto Gonzalez for property details and showing availability. Review the income, expenses, and completed improvements as you evaluate your next investment.