4 Unit Rental Property Sold

  • $160,000

Turn Key Rental Property Hagerstown, Md.


Would you like passive income?

Passive Income is the name of our game. Are you interested in investing in rental properties with great cash flow? Check out this turn key rental investment for sale in Hagerstown, MD located at 229-231 S Potomac Street.

Rental Property Description: 

  • 4 unit rental property
  •  Monthly rents (est) $2,400
  • (2) 2 bedrooms; (2) 1 bedrooms
  • Tenants pay heat and electric. All units are electric baseboard heaters.
  • Brand new electric service
  • Brand new plumbing service
  • Owner to pay water, sewer and trash and gas water heater bill. *see costs below

Financial Description:

  • Initial Investment: $160,000
  • Monthly Rents (est) $2,400
  • Taxes: $2,814
  • Insurance: TBD
  • Water: (avg) $457 per quarter
  • Gas Water Heater Bill: (avg) $78 per month
  • Owner responsible for snow removal and lawn care


Billwood Properties specializes in selling turn key rental properties to our avid investors looking for passive income with great cash flow.

We are a real estate investing firm in Hagerstown, MD.

We buy and sell up to about 10 properties per month. We currently have our investment properties available in Hagerstown, MD; Waynesboro, PA and also in Martinsburg, WV.

We handle the tough stuff for you:

  • The renovation/remodel of every property
  • The property Registrations, City Inspections to grant occupancy and MDE Lead Inspections are complete and in compliance with the City of Hagerstown, MD code enforcement department
  • Quality screened tenants in place and paying rent
  • Property Management is already in place. Tenant pays utilities in most units. (*contact our office to confirm this property’s utilities)
  • Security deposits are one month’s rent and are held in accordance with the law in an interest-bearing account with Billwood Properties, LLC
  • All you do now is collect your rent checks. This is a completely hands free opportunity to invest in real estate with a great return!

Call us today at 301.302.7002

229-231 S Potomac Street
Hagerstown, MD 21740
For Sale
Property Type:

Additional Features

Great 4 unit rental property with plenty of cash flow. This apartment investment will provide plenty of passive income for years to come.

Call (301) 302-7002 for more details

Property Location

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