16 S MULBERRY ST Hagerstown, MD 21740
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,316 sqft
Price per Sqft $139
MLS Listing ID MDWA2032918
Style Colonial
Abv Grd Liv Area 4,316
Year Built 1914
Annual Tax Amount $5,072
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Detached
Source BRIGHT
Property Description
This well-maintained 5-unit property is a turnkey investment, fully rented with reliable long-term tenants. Current rents are significantly below market, offering excellent value-add potential through rent increases to market rates.
The building features four 1-bedroom units and one 2-bedroom unit with an additional office/den. Off-street parking is available at the rear of the property.
Unit Breakdown:
Unit 16 (First Floor): Living room, dining room, kitchen, bedroom, and bathroom
Unit 16 (Second Floor): Living room, dining room, kitchen, bedroom, bathroom, and office/den
Unit 16 ½: Main level includes living room and kitchen; second level has bedroom and bathroom
Unit 18 (First Floor): Living room, kitchen, bedroom, and bathroom
Unit 18 (Second Floor): Living room, kitchen, bedroom, and bathroom (currently rented)
With strong occupancy, room to grow income, and minimal upkeep needed, this is a great opportunity for both new and seasoned investors.
Location
State MD
County Washington
Zoning CCMU
Interior
Hot Water Electric
Heating Hot Water
Cooling Other
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Other
Above Ground Finished SqFt 4316
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2217007343
Ownership Fee Simple
SqFt Source 4316
Special Listing Condition Standard
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