$225,000

6-8 N MULBERRY STREET, Hagerstown, MD 21740

  • 3,390 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $66/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

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.

Listing Status:
Active
Date Added:
January 24, 2025 at 06:00AM
Listing Office:
Sullivan Select, LLC. : 3017455500
Listing Agent:
Lyndsay J Nave : 3019912337
MLS ID:
MDWA2026710
  • Flooring: Luxury Vinyl PlankCarpet
  • A/C: Central A/C
  • Heating: YForced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Lyndsay J Nave, Sullivan Select, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bester Elementary School

385 Mill St, Hagerstown, MD, 21740

Grades PK-5

0.51 miles away

W

Western Heights Middle School

1300 Marshall St, Hagerstown, MD, 21740

Grades 6-8

1.56 miles away

B

Barbara Ingram School for the Arts

711 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.