616 W Franklin St, Hagerstown, MD 21740

2,715 SF Built 1895

Property ID

US40-0471486

$339,900 2,715 SF

616 W Franklin St, Hagerstown, MD 21740
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Fully Rented Triplex Generating $3,175 Per Month in Hagerstown Solid brick three unit property located at 616 W Franklin Street offering immediate, stable cash flow. This fully rented triplex produces $3,175 per month in gross rental income, totaling $38,100 annually. The property consists of three two bedroom, one bath units, each with private parking. Every unit is separately metered for electric and features baseboard heating, keeping utility responsibility with the tenants and operating expenses predictable for ownership. Simply take it over and continue collecting steady income from day one. The building offers durable construction, practical layouts, and long term rental appeal in an established area of Hagerstown within close proximity to I 70, I 81, and downtown amenities. Stabilized multifamily properties with this level of income and separate utilities remain in strong demand in Washington County. Whether you are adding to an existing portfolio or entering the multifamily space, this is a straightforward income producing asset with proven performance.