Active
6-8 N Mulberry St
Hagerstown MD, 21740
$225,000
$66.37 per sqft
Active
3 Beds
3 Baths
3,390 sqft
Condos
Built in 1962
Investor Alert - Income-Generating Mixed-Use Property! This prime commercially zoned, mixed-use property offers an outstanding investment opportunity with potential for $24,000+ gross annual income.
The the second level offers a fully renovated 3-bedroom apartment that is turn-key and move-in ready with immediate income producing potential. The main level office/flex space is currently leased to long-term tenants, providing a steady revenue stream. With flexible zoning, this space has endless possibilities.....convert the first level to additional residential units to maximize profit or take it back and recreate the bar that it once was.
Situated in a high-demand area with excellent visibility, this property is ideal for investors seeking strong returns in a stable, well-maintained asset. This property will not qualify for residential financing due to the first level commercial space and will require a commercial loan.
MDWA2026708
MLSⓇ ID
January 24, 2025
Listed
February 12, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
1
Half Bathrooms
2
Appliances
Electric Water Heater
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.08 Acres
Architectural Style
Colonial
Sewer
Public Sewer
School Information
School District
WASHINGTON COUNTY PUBLIC SCHOOLS
Other Property Details
Area Name
Hagerstown
Taxes
$1,695
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
On Street
View
Yes
View Description
City
County
WASHINGTON
Water Source
Public
Pool
No
Utilities
Natural Gas Available
Zoning
Residential/Mixed Use
Listed by Sullivan Select, LLC.
Listing Contact: 3019912337
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Data last updated on 2/12/2025 at 3:11 PM UTC