CHARIS REALTY GROUP

Colonial

616 W FRANKLIN STREET

HAGERSTOWN , MD 21740

MLS#: MDWA2034700

$339,900

Status: Active
Listing number: MDWA2034700
Listing provided by: RG Realty, Inc.
Listing agent phone: None
Last update: 2 hours ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1895

Sq.Footage

2,715

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.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2715.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Off Street, On Street, Gravel

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $339,900

  • Tax Amount

    $3,348

  • Sq. Footage

    2, 715

  • Price/SqFt

    $125

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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WASHINGTON

Elementary School

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Listing Courtesy of Roberto G. Gonzalez , RG Realty, Inc.

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Agent Steve MacGray

Branch Manager- Cumberland

Steve MacGray

Call Steve today to schedule a private showing.

(301) 707-8888

steve@charisrealty.com


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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.

616 W FRANKLIN STREET

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