616 W Franklin St, Hagerstown, MD 21740 | For Sale

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For Sale $334,900 ($123.35 per Sq Ft)

$334,900 ($123.35 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,715 Sq Ft
  • 3,456 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

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

Listing Provided By

Roberto G. Gonzalez an agent of . Lic #598229


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Data last updated: May 29, 2026.
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