616 W Franklin St, Hagerstown, MD 21740
Local realty services provided by:CENTURY 21 Home Team Realty
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 portfolio or entering the multifamily space, this is a straightforward, income-producing property with proven performance....
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Home facts
- Year built:1895
- Listing ID #:MDWA2034700
- Added:103 day(s) ago
- Updated:June 16, 2026 at 01:39 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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