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616 W Franklin St Hagerstown, MD 21740

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For Sale
$339,900

Fully rented triplex in Hagerstown, generating $3,175 monthly income.

Type:Multifamily
Property size:
2,715 SF
Added:
Oct 2, 2025
Days on Market:
182
Last Refresh:
Mar 16 at 1:27 pm

Property Features for 616 W Franklin St

General Information

Standard status
Active
Size
2,715 SF
Property subtype
Multifamily

Building Details

Year Built
1895

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Listing Contact
Roberto Gonzalez
Roberto Gonzalez

Listing agent Roberto Gonzalez License #MD 598229

Listing office RG Realty Inc

Listing date Oct 2, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RG Realty Inc


Overview

Hagerstown Triplex: Income-Generating Property

Located at 616 W Franklin Street in Hagerstown, this solid brick three-unit property offers immediate and stable cash flow. The fully rented triplex generates $3,175 per month in gross rental income, totaling $38,100 annually. Each of the three units features two bedrooms and one bath, along with private parking. Each unit is separately metered for electric and equipped with baseboard heating. The building's durable construction, practical layouts, and long-term rental appeal are situated in an established area of Hagerstown, with close proximity to I-70, I-81, and downtown amenities. This stabilized multifamily property with separate utilities is in strong demand in Washington County, making it a straightforward income-producing asset with proven performance. The property size is 2715 square feet.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.7292463
Latitude
39.6483509

FAQs

What type of property is this?
Triplex - Fully rented triplex in Hagerstown, generating $3,175 monthly income.
Where is this triplex located?
The property is located at 616 W Franklin St Hagerstown, MD.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Fully rented triplex generating $3,175 per month ($38,100 annually) in gross rental income.; Solid brick construction offering durability.; Each unit is separately metered for electric, with tenants responsible for utilities.
More about this property
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