Property

Hagerstown, MD 21740 616 W Franklin Street

$349,900

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Presented By: RG Realty, Inc.
  • MLS# MDWA2031916
  • 10/02/2025
  • Request Tour
  • Request Info
  • Beds • 6

Home Details

Fully occupied and professionally managed, this solid all-brick triplex is an excellent investment opportunity in Hagerstown. Perfect for a first-time investor or as a strong addition to an existing portfolio, the property features three two-bedroom, one-bath units with private parking. Each unit is served by baseboard heating and has its own separate electric service. Conveniently located close to all amenities, the building generates $3,175 per month in rental income. Simply take it over and continue collecting steady cash flow.
Presented By: RG Realty, Inc.

Interior Features for 616 W Franklin Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementOther
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 616 W Franklin Street

AccessibilityNone
Architectural StyleColonial
CityHAGERSTOWN
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
DirectionsWest Franklin St, building on the right
Garage Y/NNo
HeatingBaseboard - Electric
Lease TypeYearly
Living Area2715
Lot Size Square Feet3456.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-10-10T12:31:25
MunicipalityHagerstown
New ConstructionNo
Number Of Units Total1
Number of Units Leased3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG128.88
Property ConditionGood
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictWASHINGTON COUNTY PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount3348.0
Tax Assessed Value205200.0
Tax Lot6
Tax Year2024
Total SQFT2715
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1895
Year Built SourceAssessor
ZoningRMED

Exterior for 616 W Franklin Street

Foundation DetailsBlock, Crawl Space
Land Assessed Value21200.00
Land Use CodeR
Lot Size Acres0.08
Lot Size SourceAssessor
Navigable Water Y/NNo
Parking FeaturesCrushed Stone
PoolNo Pool
Type of ParkingOff Street, On Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Jonathan Lockette

Associate
Price $349,900
MLS#MDWA2031916
List Date 10/02/2025
Property Type Multi-Family
Phone (973) 917-9113
Request Tour
Request Info
Visit My Website

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