$ 339,900
-
$339,900
Price -
6
Bed -
0
Bath -
2,715
SqFt
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About the Listing RGRE1 - 124248
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.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
MDWA2034700
Year Built
1895
Total Square Footage
2,715
Lot/Acreage
0.08
County
Washington
School District
Washington County Public Schools
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2715
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RMED
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: Crushed Stone,Off Street,On Street
Financial Details
- Tax Amount: $3,348
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
616 W Franklin St Hagerstown, MD 21740
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