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Street View
$525,000
Monthly Est:$2,613
-- Bed
-- Bath
4,316sqft
16 S Mulberry St, Hagerstown, MD 21740
$525,000
$2,613/moEst:
Get Pre-Approved
Multi Family
Built in 1914
$-- HOA
7,405.2 sqft lot
$122/sq.ft
Description
Fantastic Investment Opportunity – Fully Rented 5-Unit Turnkey Building
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.
- Houzeo last checked: 12 hours ago
- Listing updated: July 17, 2026 at 6:33 pm
- Listing Provided by: Roberto G. Gonzalez (301) 991-0207 | RG Realty, Inc. (240) 203-6393
- Source: Bright MLS-NJ | MLS#: MDWA2032918
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1914
HOA Fees
-
Finished Area
4,316 sqft
Lot Size
7,405.2 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDWA2032918
MLS Status
ACTIVE-BRIGHT
Days on Market
234
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Hot Water
Cooling
Other
Construction
Year Built
Year Built: 1914
Home type
Multi Family
Architectural Style
Colonial
Foundation Details
Other
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
07/03/2026 Source: | Listed for Sale | $575,000 +9.52% $133/sqft |
07/03/2026 Source: | Price Decreased | $525,000 -4.55% $122/sqft |
07/03/2026 Source: | Price Decreased | $550,000 -4.35% $127/sqft |
01/24/2026 Source: | Off Market | $575,000 -4.17% $133/sqft |
11/24/2025 Source: | Listed for Sale | $600,000 +130.77% $139/sqft |
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