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$600,000

  • For Sale
  • Active
  • Single Family
  • 4,316 Sq. Ft.
  • Updated 3 days ago
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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.

Full Property Details for 16 S Mulberry St

General

  • Price: $600,000
  • Taxes: $5,072 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWA2032918
  • Updated: 12/17/2025
  • Added to Site: 55 day(s) ago

Parking

  • Parking Type: Alley, Off Street

Location

  • Municipality: Hagerstown
  • County: WASHINGTON
  • Driving Directions: GPS
  • City Limits: Yes

School Information

  • School District: Washington County Public Schools

Heating & Cooling

  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Structure Type: Detached
  • Construction: Brick
  • Foundation: Other
  • Square Feet: 4,316
  • Sq. Ft. Source: Assessor
  • Living Area: 4,316 Sq. Ft.
  • Finished Above Grnd: 4,316 Sq. Ft.
  • Year Built: 1914
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size Source: Estimated
  • Zoning: CCMU

Financial Considerations

  • Price Per Sq. Ft.: $139.02
  • Assessment Year: 2025
  • City/TownTax: $2,718
  • City/TownTax Freq: Annually
  • County Tax: $2,353
  • County Tax Freq: Annually
  • Tax w/Assessment: $257,200
  • Tax Amount: $5,072
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 4316

Disclosures and Reports

  • Ownership: Fee Simple

Listed by RG Realty, Inc., Roberto G. Gonzalez

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Listing agent

— 16 S Mulberry St —

  • Roberto G. Gonzalez

    RG Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 S Mulberry St

School District:Washington County Public Schools, Williamsport, MD
NameGradesDistance
Bester Elementary School
385 Mill Street, Hagerstown, MD 21740
PK-50.5 mi
E. Russell Hicks Middle School
1321 South Potomac Street, Hagerstown, MD 21740
6-81.9 mi
South Hagerstown High School
1101 South Potomac Street, Hagerstown, MD 21740
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 S Mulberry St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/24/2025
Listed
$600,000
84.62%
MLS
11/16/2023
Sold
$325,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 S Mulberry St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,429
—
$257,200
24%
2023
$1,429
—
$206,667
32%
2023
$1,429
48%
$156,133
48%
2022
$966
-3%
$105,600
—
2020
$997
1%
$105,600
—
2021
$983
-1%
$105,600
-1%
2020
$997
—
$106,600
—
2019
$997
—
$106,600
—
2018
$997
-1%
$106,600
-1%
2017
$1,010
—
$108,000
—
2016
$1,010
—
$108,000
-31%
2015
$1,010
-28%
$155,533
4%
2014
$1,402
—
$150,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 S Mulberry St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by RG Realty, Inc., Roberto G. Gonzalez

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16 S Mulberry Street, Hagerstown, MD 21740 (MLS# MDWA2032918) is a Single Family property with 0 bedrooms and 0 full bathrooms. 16 S Mulberry Street is currently listed for $600,000 and was received on November 24, 2025. Want to learn more about 16 S Mulberry Street? Do you have questions about finding other Single Family real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

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