Randolph Avenue, Hagerstown, MD 21740

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 in the area. 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. Conveniently located near downtown Hagerstown, shopping, dining, schools, parks, and major commuter routes, this property is ideal for investors seeking immediate income, long-term upside, and the opportunity to improve overall returns through rent growth.