616 W Franklin St Hagerstown, MD 21740
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
Listing agent Roberto Gonzalez License #MD 598229
Listing office RG Realty Inc (240) 203-6393
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
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7292463
- Latitude
- 39.6483509
Nearby Similar for Sale
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.
