200 E Franklin Street Hagerstown, MD $ 515,000
200 E Franklin Street
$ 515,000
Share Save

200 E Franklin Street

Hagerstown, MD, 21740
$ 515,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 3,213

200 E Franklin Street, Hagerstown, MD 21740 - Image 1
200 E Franklin Street, Hagerstown, MD 21740 - Image 2
200 E Franklin Street, Hagerstown, MD 21740 - Image 3
200 E Franklin Street, Hagerstown, MD 21740 - Image 4
200 E Franklin Street, Hagerstown, MD 21740 - Image 5

Multi-Family Home for sale in Hagerstown, MD

for $515,000 with 5 bedrooms. This home was built in 1885 on a lot size of 0.06.

Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation. Highlights: Fully occupied mixed-use property bringing in $4,000/month Ground-floor restaurant space with private ownership Four residential apartments on upper levels Separate utilities tenants pay all Excellent visibility and foot traffic in revitalized downtown corridor Turnkey income producer stable tenants and strong returns Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.

See more

Multi-Family Active

Price

$ 515,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,779

Style

Lot Size

0.06

Year Built

1885

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2032518

Features
General
Living Area 3684
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Other
Possession Immediate
Roof Asphalt
Zoning CCMU
Architectural Style Other
Construction Materials Brick
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Year Built 1885
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions GPS
City HAGERSTOWN
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 2614.00
Number of Units Leased 5
Tax Annual Amount 4779.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 139.79
Acceptable Financing Conventional
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
See more
Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Central Air Y/N N
See more
Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.06
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 40000.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 200
See more
* Excluded Features
List By
Rg Realty, Inc.

Broker

krystal@rgrealtyinc.com

Email

Affordability Calculator

$3,611
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,213
Monthly Property Taxes
$398
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3533158 Elementary School
3533423 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$515,000 Listed Price

Map


See all

200 E Franklin Street, Hagerstown, MD, 21740 is a Multi-Family Home for sale at $515,000 with a lot size of 0.06. 200 E Franklin Street has 5 bedrooms, 0.0 baths, and was built in 1885. The property's zip code is 21740 which is in Hagerstown, MD