Colonial

616 W FRANKLIN STREET

HAGERSTOWN , MD 21740

MLS#: MDWA2031916

$349,900

Status: Active
Listing number: MDWA2031916
Listing provided by: RG Realty, Inc.
Listing agent phone: None
Last update: 27 days ago
On site: a month ago
Browse Properties
Main image without alt text

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1895

Sq.Footage

2,715

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.

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

    $349,900

  • Tax Amount

    3348.0

  • Sq. Footage

    2, 715

  • Price/SqFt

    $128

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

  • Tax Lot

    6

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WASHINGTON

Elementary School

Middle School

High School

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

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MarylandSandbox

FOUNDER

MarylandSandbox

Call Maryland today to schedule a private showing.

(980) 000-0000

maryland.sandbox@realhub365.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

616 W FRANKLIN STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

2 Unit Cape Cod. Upper lever is 2 bed/1 bath, lower level is 3 bed/1 bath. Both currently rented. Could easily be reverted back to single family! Location is perfect, directly across from Northern Middle School in Hagerstown's north end!
#MDWA2031334

HAGERSTOWN

670 NORTHERN AVENUE

5 Beds

None Baths

3,425 Sq.Ft.

$320,000

MLS#: MDWA2031334

Terrific, updated duplex with plenty of living space in two separate units, 6 bedrooms, 3 full baths total on a large, level lot with nice backyard! Tenants pay for all utilities. Both units have been updated, with the 3-bedroom, 2 full bath unit boasting all new neutral paint, nice gleaming hardwoods, new carpet, and newer appliances. The 3-bedroom,1 full bath unit features LVP flooring, white on white kitchen with white shaker cabinets and white appliances, and an updated bath with a granite topped vanity. Lots of options here, live in one rent out the other or rent both for great positive cash flow! 1 unit is currently occupied. Fantastic location, in booming Hagerstown (new 100M+growth yearly!) just minutes to major routes, schools, loads of shopping and dining choices, parks, and more! One owner is a licensed agent.
#MDWA2031576

HAGERSTOWN

1037 & 1037 1/2 SPRUCE STREET

6 Beds

None Baths

2,848 Sq.Ft.

$299,900

MLS#: MDWA2031576

Outstanding two unit building on busily traveled state road. adjacent to Washington County Health Department. # year lease on commercial unit (full first floor) spacious two bedroom apartment on second level. Ample off street parking! Newly installed water and sewer utilities.
#MDWA2027330

HAGERSTOWN

1305 PENNSYLVANIA AVENUE

5 Beds

None Baths

3,702 Sq.Ft.

$399,900

MLS#: MDWA2027330

Conveniently located near shopping, public transportation, the new baseball field, the Maryland Theatre, restaurants, and more! There is also new construction occurring just down the block, adding to the area’s continued growth. This income-producing duplex offers excellent potential. Each unit features 3 bedrooms, with the third bedroom accessed through the second, 1 full bath, a living room, formal dining room, eat-in kitchen, front and back porches, basement with walk-out access, and a walk-up floored attic separated by a firewall. The 488 unit includes a fenced yard, while the 486 unit features a fenced yard plus a concrete block garage. Ideal for investors or for someone looking to live in one unit and rent the other.
#MDWA2030292

HAGERSTOWN

486 MCDOWELL AVENUE 488

6 Beds

None Baths

2,700 Sq.Ft.

$335,001

MLS#: MDWA2030292

Turnkey Triplex Investment Opportunity This fully occupied and professionally managed triplex delivers consistent rental income with minimal owner involvement. Three separately metered units: one 1-bed/1-bath and two 2-bed/1-bath apartments Tenants pay their own electric, reducing owner expenses Lead certificates and active rental license in place for a smooth transfer Private rear parking with dedicated spaces for residents Can qualify for FHA financing, making it accessible to both investors and owner-occupants A strong cash-flowing property with reliable tenant history, this asset is ideal for investors seeking steady returns and low-maintenance management. 48 hr notice to schedule showings
#MDWA2031854

HAGERSTOWN

408 W WASHINGTON STREET

5 Beds

None Baths

4,192 Sq.Ft.

$370,000

MLS#: MDWA2031854

Come see this beautifully updated solid-brick over/under duplex! The lower unit can be rented to a small business or you can complete the last few permitted requirements to go residential. The upper unit is a spacious 3-bedroom, one bath with so many updates! Roof replaced in 2019, Brand new heat pump(June 2025), new hot water heater(2025), large wooden privacy fence, all floors have been replaced or refinished, bathroom completely remodeled! INVESTORS, so much potential revenue here! Schedule your showing today!
#MDWA2030574

HAGERSTOWN

228 E WASHINGTON STREET

4 Beds

None Baths

3,072 Sq.Ft.

$300,000

MLS#: MDWA2030574

New on site 3 days ago
This well kept investment property is ready for new ownership. 2 units each with 3 bedrooms and 1.5 bathrooms. Full walk-out basements with laundry areas on each side. Basements could be finished to add additional living space and rental income increases. Each side has had numerous updates since it was constructed. The property has been owned by the same individuals since it was constructed in 2004. Each time the units are rented tenants have been long term renters. Easy to rent and easy to maintain. Rents are $1575 per side with new tenants taking occupancy on 12 months leases. Tenants pay electric, water, sewer charges. Rent includes lawn care, trash and recycling. Recent updates include... new roof in 2025, new front concrete porch and columns in 2024, improved decks and stained in 2025, new central air system in unit B in 2025, central air replaced in unit A several years ago, new hot water heater in unit A in 2025. Updated appliances. Fresh paint throughout each unit in the past 4 weeks. Paved off-street parking. Minimal expenses for owners. Convenient location near Rt.40, I-70 and major shopping and employment centers.
#MDWA2032556

HAGERSTOWN

37 S COLONIAL DRIVE A & B

6 Beds

None Baths

3,600 Sq.Ft.

$389,900

MLS#: MDWA2032556

Solid 4-unit multifamily property in a prime Hagerstown location with strong rental history. Off-street parking & stable occupancy. Each unit features separate entrances. The interior showcases original hardwood flooring and high ceilings
#MDWA2028996

HAGERSTOWN

711 OAK HILL AVENUE

8 Beds

None Baths

2,700 Sq.Ft.

$415,000

MLS#: MDWA2028996

Two unit home with main level and lower level residences. Come and see this amazing country property with in-law suite in lower level that is great for those blended family situations! OR great for investors with ready to go for rental too. Main level has laminate flooring with fresh paint and attractive lighting fixtures. Kitchen has new stove, SS refrigerator, built in microwave, full size washer and dryer in HUGE laundry room too! The layout is perfect for those needing space and wanting the country location. Main level has walk out to covered back deck off of Dining room with additional deck for lots of entertainment possibilities. 2 bedrooms are off of kitchen with separate entrance to this suite for perfect situation for home office. You won't want to miss this one if you are looking for a home with many options! Lower level has 3 BR, 1 bath with eat in kitchen, Living room, pantry and storage area. Potential rent is $2100.00/main level and $1400.00/lower level. Lower level has address of 13037 LIttle Antietam Rd. All of this in a country setting with Smithsburg Schools too. Come see this property to add to your investment portfolio!
#MDWA2028878

HAGERSTOWN

13035 LITTLE ANTIETAM ROAD

3 Beds

None Baths

2,850 Sq.Ft.

$419,000

MLS#: MDWA2028878

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here