Inside a $365K Multifamily Deal | 5-Unit Investment Property in Hagerstown, MD

Join me as I tour a 5-unit multifamily property on North Locust Street in Hagerstown, Maryland. This 3,280 sq. ft. building is listed at $365,000 and has been sitting on the market for over 160 days with two price drops. We’ll look at each unit, the condition of the property, the upside potential in rents, and what investors should watch out for. You’ll see everything from water damage to updates, plus the possibility of a 6th unit and added value through creative financing. If you’re curious about real estate investing, multifamily cash flow, and spotting deals others overlook, this walkthrough will give you a real inside look. Stick around to the end where I share my thoughts on if this is worth buying.

Enjoyed this video? Found value? Please hit the LIKE button to help support the channel and let me know you want more great real estate content like this! Your likes help me create even better videos for you.

#realestate, #multifamily, #realestateinvesting

0:00 Introduction and Property Overview at North Locust Street
0:10 Exterior Condition: Wood Rot, Paint, and General Upkeep
1:00 Exploring Unit Two: Initial Interior Look and Room Conditions
1:50 Water Damage and Flooring Issues Discussed
2:36 Viewing Additional Areas: Emergency Exit and Windows
3:40 Attic and Roof Condition with Tree Debris
5:00 Utilities and Mechanical Systems Check
6:30 Observations of Occupants and Interior Space
7:00 Interior Features: Bedrooms, Closets, and Bathroom Fixes
8:50 General Condition Review: Walls, Windows, and Plumbing Concerns
9:50 Discussions on Housing Layout and Living Spaces
11:30 Basement and Utility Areas Overview
12:30 Pest and Structural Challenges Noted
13:30 Final Unit Inspections and Exterior Maintenance Needs
15:00 Closing Thoughts on Rent, Market Status, and Potential Offer

🚨 Subscribe to my channel here: 👇👇👇👇👇👇👇
✅    / @christhompsonrealestate  

Chris Thompson Real Estate
BOOK A CALL: https://chirsthompsonteam.com


👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇
SUBSCRIBE TO THIS CHANNEL HERE:    / @christhompsonrealestate