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.
131 days
|
158
|
10
|
Zillow last checked:
Listing updated:
Listed by:
Roberto Gonzalez301-991-0207,
RG Realty, Inc.240-203-6393
Source: Bright MLS,MLS#: MDWA2034700
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Basement
Area: 0
Heating
Baseboard, Electric
Cooling
Window Unit(s), Electric
Appliances
Included: Electric Water Heater
Features
Basement: Other
Has fireplace: No
Interior area
Total structure area: 2,715
Total interior livable area: 2,715 sqft
Property
Parking
Parking features: Crushed Stone, Off Street, On Street
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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