# 616 W FRANKLIN Street, Hagerstown, MD 21740

> **TL;DR:** residential multi family, $329,900 ($122/sqft), built 1895, 2,715 sqft.
> A/C. Est. $1,430/mo. Listed 89 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $329,900 |
| Price/sqft | $122 |
| Square Feet | 2,715 |
| Year Built | 1895 |
| Lot Size | 3,454 sqft (0.08 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 89 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,430 |
| **Total** | **$1,430** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1895
- 0.08 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 616 W FRANKLIN Street, Hagerstown, MD 21740
- **County:** WASHINGTON
- **Coordinates:** 39.64835, -77.72925
- **Google Maps:** https://www.google.com/maps?q=39.64835,-77.72925

## Listing Agent

- **Name:** Roberto G. Gonzalez
- **Brokerage:** RG Realty, Inc.
- **Phone:** 3019910207
- **Email:** roberto@rgrealtyinc.com

## Primary Photo

![616 W FRANKLIN Street - Primary Photo](http://lh.rdcpix.com/5734f7ee7586fa701edce5a88254a7cal-f1762501936r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/616-w-franklin-street-hagerstown-md-21740-a2034700)*

---

**MLS#:** MDWA2034700 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/616-w-franklin-street-hagerstown-md-21740-a2034700)

---

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