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.
The income description goes here to explain
| List Price | $334,900 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,715 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1895 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2225019288 |
| MLS # | MDWA2034700 |
| Property ID | 322641903 |
| Lot Sqft | 3,456 |
| Zoning | RMED |
| Total Units | 1 |
| Days on Market | 87 |
| Original List Price | Unknown |
| Date Updated | April 09, 2026 |
| Date Created | March 03, 2026 |
Roberto G. Gonzalez an agent of . Lic #598229
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