616 W Franklin St, Hagerstown, MD 21740

Hagerstown
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
616 W Franklin St,Hagerstown, MD 21740
$329,900
  • 6 Beds
  • - Baths
  • 2,715 sq. ft.
  • Multi-family
  • Active
Listed by: roberto g. gonzalez
Office: rg realty, inc.
MLS#:MDWA2034700
Source:BRIGHTMLS

Price summary

  • Price:$329,900
  • Price per sq. ft.:$121.51

About this home

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...

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Home facts

  • Year built:1895
  • Listing ID #:MDWA2034700
  • Added:94 day(s) ago
  • Updated:June 07, 2026 at 01:33 PM

Rooms and interior

  • Bedrooms:6
  • Basement:Yes
  • Living area:2,715 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1895
  • Building area:2,715 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick
  • Foundation Description:Block, Crawl Space

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$329,900
  • Price per sq. ft.:$121.51
  • Tax amount:$3,348 (2025)

Parking

  • Parking description:Crushed Stone, Off Street, On Street

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