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616 W Franklin St, 
Hagerstown, MD 21740

$329,900


6

Beds


Bath


2,715

Sq Ft


Multi-Family

Active

Listed by

Roberto G. Gonzalez

Rg Realty, Inc.

Last updated:

June 1, 2026, 01:39 PM

MLS#

MDWA2034700

Source:

BRIGHTMLS

About This Home

616 W Franklin St

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.

Home Facts

Multi-Family

6 Bedrooms

Built in 1895

Price Summary

329,900

$121 per Sq. Ft.

MLS #:

MDWA2034700

Last Updated:

June 1, 2026, 01:39 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Architectural Style:

Colonial

Building Area:

2,715 Sq. Ft.

Year Built:

1895


Lot

Lot Size (Sq. Ft):

3,484


Finances & Disclosures

Finances

Price:

$329,900

Price per Sq. Ft:

$121 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.