16-18 Mulberry St, Hagerstown, MD 21740

Fully Rented 5-Unit Turnkey Asset, Stabilized with Immediate Cash Flow and Value-Add Potential Through Rent Growth

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.