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 $133
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
NEARBY SCHOOLS & PROPERTIES
- 8
Paramount Elementary School
Public | KG - 5
- 7
Fountaindale Elementary School
Public | KG - 5
- 6
Potomac Heights Elementary School
Public | KG - 5
- 5
Salem Avenue Elementary School
Public | PK - 5
- 5
Emma K. Doub Elementary School
Public | 1 - 5
- 5
Eastern Elementary School
Public | 3 - 5
- 4
Lincolnshire Elementary School
Public | PK - 5
- 4
Winter Street Elementary School
Public | PK - 5
- 4
Pangborn Elementary School
Public | KG - 5
- 1
Bester Elementary School
Public | PK - 5
- 0
Ebenezer Christian School
Private | KG - 12
- 0
Grace Academy
Private | PK - 12
- 0
Truth Christian Academy
Private | PK - 11
- 0
Marshall Street School
Public | KG - 12
- 0
St Mary Catholic School
Private | PK - 8
- 0
Hagerstown Childrens School
Private | PK - KG
- 0
Funkstown Elementary School
Public | PK - KG
- 0
Ruth Ann Monroe Primary School
Public | PK - 2
- 5
E. Russell Hicks Middle School
Public | 6 - 8
- 5
Western Heights Middle School
Public | 6 - 8
- 5
Northern Middle School
Public | 6 - 8
- 9
Barbara Ingram School for the Arts
Public | 9 - 12
- 8
Washington County Technical High School
Public | 11 - 12
- 5
South Hagerstown High School
Public | 9 - 12
- 5
North Hagerstown High School
Public | 9 - 12
- 0
Washington County Job Development Center
Public | 10 - 12
- 0
St Maria Goretti High School
Private | 9 - 12
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