62 W Antietam St, Hagerstown, MD 21740

Positioned in the heart of downtown Hagerstown, this renovated mixed-use asset presents a compelling value-add investment opportunity with diversified income streams and strong long-term growth potential. The property consists of twelve residential units—eleven 1-bedroom/1-bath units and one 2-bedroom/1.5-bath unit—plus a ground-floor retail suite, creating built-in revenue diversity and broad tenant appeal.

The building underwent substantial renovations in 2021, delivering modernized interiors and improved functionality while still offering meaningful upside through lease-up and rent optimization. Currently 77% occupied, investors have the opportunity to increase cash flow through stabilization and marking rents to market.

Strategically located one block from the newly constructed AAA baseball stadium and adjacent to ongoing entertainment and mixed-use development, the property is positioned to benefit from continued public investment and downtown revitalization efforts. With mixed-use zoning, proximity to major commuter corridors, and improving occupancy trends, this asset offers both near-term income growth and long-term appreciation potential.