Date
Details
Price
Change
Source
9/18/2026
Sold
$286,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$286,000
Property 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.
Full Property Details
Full Property Details for 616 W Franklin St
General
- Sold For: $286,000
- Taxes: $3,348 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2039830
- Added to Site: 20 day(s) ago
Parking
- Parking Features: Crushed Stone
- Parking Type: Off Street, On Street
Location
- Municipality: Hagerstown
- County: WASHINGTON
- Driving Directions: West Franklin St, building on the right
- City Limits: Yes
School Information
- School District: Washington County Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Other
- Foundation: Block, Crawl Space
- Square Feet: 2,715
- Sq. Ft. Source: Assessor
- Living Area: 2,715 Sq. Ft.
- Finished Above Grnd: 2,715 Sq. Ft.
- Year Built: 1895
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,456
- Lot Size Source: Estimated
- Zoning: RMED
Financial Considerations
- Price Per Sq. Ft.: $121.51
- City/TownTax: $1,750
- City/TownTax Freq: Annually
- Tax w/Assessment: $205,200
- Tax Amount: $3,348
- Tax Year: 2025
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by RG Realty, Inc., Roberto G. Gonzalez
Sold by The Agency DC, Jorge Antonio Longueira
Listing agent
— 616 W Franklin St —
Roberto G. Gonzalez
RG Realty, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 616 W Franklin St
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Salem Avenue Elementary School 1323 Salem Avenue, Hagerstown, MD 21740 | PK-5 | 0.7 mi |
Western Heights Middle School 1300 Marshall Street, Hagerstown, MD 21740 | 6-8 | 0.8 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 616 W Franklin St
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- Single Family
- Active
- Updated 8 days ago
- 2Beds
- 1Total Bath
- 1,794Sq. Ft.
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- Townhouse
- Active
- Updated 17 hours ago
- 3Beds
- 3Total Baths
- 2,376Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,100Sq. Ft.
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,552Sq. Ft.
- Single Family
- Active
- Updated 12 hours ago
- 4Beds
- 2Total Baths
- 1,400Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 2,480Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,696Sq. Ft.
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- Single Family
- Closed
- Updated 7 days ago
- 4Beds
- 2Total Baths
- 2,770Sq. Ft.
616 W Franklin Street, Hagerstown, MD 21740 (MLS# MDWA2039830) is a Single Family property that was sold at $286,000 on September 18, 2026. Want to learn more about 616 W Franklin Street? Do you have questions about finding other Single Family real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.