MLS: #MDWA2034700, Listed By: Roberto Gonzalez, RG Realty, Inc., Source:Bright MLS
616 W Franklin Street
HAGERSTOWN, MD 21740
6
Bed
0
Bath
2,715Sqft
0.08Acre(Lot)
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,
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 6Room Information
Has Basement: Yes Basement: Crawl Space, Other -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1895 Building Area Total: 2715 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.08 Lot Size Source: Assessor Lot Size Square Feet: 3456
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Listing Price Information
Listing Price: $329900
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Tax Information
Parcel Number: 2225019288 Tax Year: 2025 Annual Tax: $3348
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Parking Information
Off Street, On Street, Gravel
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Location Information
Direction: West Franklin St, building on the right WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9947 Crossfield Road, Hagerstown, MD, 21740 | $675,000 | 8 | -- | 1,428 | 1,428 SqFt |
| 135 Fairground Avenue, Hagerstown, MD, 21740 | $359,900 | 6 | -- | 2,124 | 2,124 SqFt |
| 601-603 N Mulberry Street, Hagerstown, MD, 21740 | $389,900 | 4 | -- | 5,580 | 5,580 SqFt |
| 422 N Locust Street, Hagerstown, MD, 21740 | $289,990 | 3 | -- | 2,580 | 2,580 SqFt |
| 228 E Washington Street, Hagerstown, MD, 21740 | $275,000 | 3 | -- | 2,048 | 2,048 SqFt |
| 106 Randolph Avenue, Hagerstown, MD, 21740 | $279,000 | 3 | -- | 1,998 | 1,998 SqFt |
| 16 S Mulberry Street, Hagerstown, MD, 21740 | $575,000 | 6 | -- | 4,316 | 4,316 SqFt |
| 39 E North Avenue, Hagerstown, MD, 21740 | $465,000 | 6 | -- | 3,703 | 3,703 SqFt |
| 141 S Mulberry Street, Hagerstown, MD, 21740 | $224,995 | 3 | -- | 2,112 | 2,112 SqFt |
| 25 S Locust Street, Hagerstown, MD, 21740 | $445,000 | 6 | -- | 3,548 | 3,548 SqFt |
Similar Multifamily To 616 W Franklin Street
Nearby For Sale
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ByOwner last updated this listing 06/18/2026 @ 17:17
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