Find the Best Multifamily Homes for Sale in Hagerstown, MD

A multifamily home is a building where more than one family can live and have their own separate living rooms, kitchens, utilities, and other features. This type of property is among the popular kinds of new homes for sale in Hagerstown, MD, Mount Airy, and in Greencastle, PA.

Multifamily homes can be owned privately or rented, or they can become an investment property that can serve as an extra source of income. For some families, living in this type of property may be convenient as it is cheaper with lower taxes, and their responsibilities for maintenance are minimal.

If you are thinking of exploring houses for sale in Greencastle, PA, consider multifamily homes that you can find through established Coldwell Banker Innovations Realtors. With their help, you can find the perfect multifamily property in the right location that is convenient for you or your prospective tenants. You can choose properties with the number of units that make sense to you. Consider a multifamily home with at least four units that can each house a small family. Keep in mind that the number of units matter, as a building with four or less units is typically considered residential real estate, while a larger building with more units may be considered as commercial real estate.

Investing in multifamily homes is usually not for new investors, but you can make it work with help from a seasoned Coldwell Banker Innovations real estate agent who can help you find the right homes for sale in Mount Airy, MD or in Hagerstown. Consider new or fairly new multifamily buildings, as older ones will tend to require more upgrades and on-going maintenance. Starting small might be easier, too, so consider a property with at least three or four units. Once you get used to running a multifamily home, you can consider purchasing more properties to expand your business.