616 W FRANKLIN ST, Hagerstown, MD 21740

• 2,715 sqft

Property Description

Fully Rented Triplex | $3,175 Monthly Income | Hagerstown Solid brick three-unit property located at 616 W Franklin Street, delivering immediate and stable cash flow. The asset is fully occupied and generates $3,175 per month in gross rental income, totaling $38,100 annually. The property consists of three 2-bedroom, 1-bath units, each with private parking. All units are separately metered for electric and feature baseboard heating, keeping utility costs with the tenants and providing a clean, predictable expense structure. This is a true plug-and-play investment. Take over and continue collecting consistent income from day one. The building offers durable construction, functional layouts, and strong long-term rental demand in an established Hagerstown location, just minutes from I-70, I-81, and downtown amenities. Stabilized multifamily assets with separate utilities and reliable income streams continue to perform well in Washington County. Whether you are expanding your portfolio or entering the multifamily space, this is a straightforward, income-producing property with proven performance.

Listing Status:

Active

Data Last Updated:

May 6, 2026 at 6:19PM

Listing Office:

RG Realty, Inc. : 2402036393

Listing Agent:

Roberto G. Gonzalez : 3019910207

MLS ID:

MDWA2034700

Interior

• Basement: Other
• A/C: Window Unit(s)
• Heating: Baseboard - ElectricElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Colonial
• Parking: Crushed Stone

Construction

• General: BrickBlockCrawl Space

Location

• Originating MLS: BRIGHT_MAIN
• School District: WASHINGTON COUNTY PUBLIC SCHOOLS
• County: WASHINGTON-MD

Lot

• Zoning: RMED2225019288

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN