616 W FRANKLIN St, Hagerstown, MD 21740

Sqft
2,715

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRG Realty, Inc.
  • 0
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,715
Lot size (acres)
0.08
Year built
1895

Interior features

Basement
Yes

Exterior features

Horse amenities
Stable

Utilities

Heating
Electric
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,348

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: MDWA2034700 Last checked:

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RG Realty, Inc. participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.