616 W Franklin Street Hagerstown, MD $ 334,900
616 W Franklin Street
$ 334,900
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616 W Franklin Street

Hagerstown, MD, 21740
$ 334,900
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,062

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Multi-Family Home for sale in Hagerstown, MD

for $334,900 with 6 bedrooms. This home was built in 1895 on a lot size of 0.08.

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.

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Multi-Family Active

Price

$ 334,900

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 3,348

Style

Colonial

Lot Size

0.08

Year Built

1895

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2034700

Features
General
Living Area 2715
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Settlement
Zoning RMED
Architectural Style Colonial
Construction Materials Brick
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Year Built 1895
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Accessibility None
County WASHINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions West Franklin St building on the right
City HAGERSTOWN
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 3456.00
Number of Units Leased 3
Tax Annual Amount 3348.0
Property Condition Good
Two Bedroom 3
Structure Type Detached
Price Per Sq Ft Total AG 123.35
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
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Interior
Heating Fuel Electric
Basement Other
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Crushed Stone
Water Source Public
Type of Parking Off Street On Street
Foundation Details Block Crawl Space
Water View Y/N N
Lot Size Acres 0.08
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 616
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* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$2,341
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,062
Monthly Property Taxes
$279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533158 Elementary School
3533423 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$334,900 -1.47% Price Down
3/4/2026$339,900 Listed Price

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616 W Franklin Street, Hagerstown, MD, 21740 is a Multi-Family Home for sale at $334,900 with a lot size of 0.08. 616 W Franklin Street has 6 bedrooms, 0.0 baths, and was built in 1895. The property's zip code is 21740 which is in Hagerstown, MD