6 N Mulberry St Hagerstown, MD 21740
Central NeighborhoodEstimated payment $1,386/month
Highlights
- City View
- Colonial Architecture
- Downtown Location
- Ruth Ann Monroe Primary School Rated A-
- No HOA
- Luxury Vinyl Plank Tile Flooring
About This Home
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,695
Year Built
- Built in 1962 | Remodeled in 2024
Lot Details
- Downtown Location
- Property is Fully Fenced
Parking
- On-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 3,390 Sq Ft Home
- Property has 1 Level
- City Views
- Washer and Dryer Hookup
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Low-Rise Condominium
- Hagerstown Subdivision
Listing and Financial Details
- Assessor Parcel Number 2222012827
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $806 | $88,433 | $0 | $0 |
| 2023 | $809 | $88,367 | $0 | $0 |
| 2022 | $804 | $88,300 | $25,000 | $63,300 |
| 2021 | $844 | $84,233 | $0 | $0 |
| 2020 | $746 | $80,167 | $0 | $0 |
| 2019 | $712 | $76,100 | $25,000 | $51,100 |
| 2018 | $599 | $64,067 | $0 | $0 |
| 2017 | $487 | $52,033 | $0 | $0 |
| 2016 | -- | $40,000 | $0 | $0 |
| 2015 | -- | $40,000 | $0 | $0 |
| 2014 | $2,962 | $40,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | For Sale | $225,000 | 0.0% | $66 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $225,000 | -- | $66 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Premier Settlements & Title | |
| Deed | $40,000 | Premier Settlements & Title | |
| Trustee Deed | $150,000 | None Available | |
| Deed | $250,000 | -- | |
| Deed | $250,000 | -- | |
| Deed | $149,900 | -- |
Source: Bright MLS
MLS Number: MDWA2026708
APN: 22-012827
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