$339,900

616 W FRANKLIN ST, Hagerstown, MD 21740

  • 2,715 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1895
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $125/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Fully Rented Triplex Generating $3,175 Per Month in Hagerstown Solid brick three unit property located at 616 W Franklin Street offering immediate, stable cash flow. This fully rented triplex produces $3,175 per month in gross rental income, totaling $38,100 annually. The property consists of three two bedroom, one bath units, each with private parking. Every unit is separately metered for electric and features baseboard heating, keeping utility responsibility with the tenants and operating expenses predictable for ownership. Simply take it over and continue collecting steady income from day one. The building offers durable construction, practical layouts, and long term rental appeal in an established area of Hagerstown within close proximity to I 70, I 81, and downtown amenities. Stabilized multifamily properties with this level of income and separate utilities remain in strong demand in Washington County. Whether you are adding to an existing portfolio or entering the multifamily space, this is a straightforward income producing asset with proven performance.

Listing Status:
Active
Data Last Updated:
March 22, 2026 at 2:17AM
Listing Office:
RG Realty, Inc. : 2402036393
Listing Agent:
Roberto G. Gonzalez : 3019910207
MLS ID:
MDWA2034700
  • Basement: Other
  • A/C: Window Unit(s)
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Colonial
  • Parking: Crushed Stone
  • General: BrickBlockCrawl Space
  • Originating MLS: BRIGHT_MAIN
  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • County: WASHINGTON-MD
  • Zoning: RMED2225019288
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Roberto G. Gonzalez , RG Realty, Inc.

Monthly Payment

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

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Location

Schools Nearby

S

Salem Avenue Elementary School

1323 Salem Ave, Hagerstown, MD, 21740

Grades PK-5

0.71 miles away

W

Western Heights Middle School

1300 Marshall St, Hagerstown, MD, 21740

Grades 6-8

0.81 miles away

B

Barbara Ingram School for the Arts

711 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

0.63 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.

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