$295,000

115 E FRANKLIN ST, Hagerstown, MD 21740

  • 2,684 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1893
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $110/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Investor-Friendly 3-Unit Row Home in Prime Hagerstown Location. Don’t miss this cash-flowing, semi-detached row house in the heart of Hagerstown, MD—ideal for savvy investors or FHA house hackers looking to live in one unit while renting the others. This solidly built triplex features three self-contained units, all separately metered for electric, offering strong rental income and long-term upside. Unit 1: 2 beds, 1.5 baths | $995/mo | Lease through 6/30/2026 Unit 2: 2 beds, 1 bath | $1,050/mo | Lease through 11/30/2025 Unit 3: 1 bed, 1 bath | Vacant & recently renovated with modern finishes and brand-new appliances—move-in ready for a new tenant or owner-occupant. With two income-producing tenants already in place, this property offers immediate returns and a projected boost in income once the third unit is occupied. Whether you're an investor looking for a property that aligns with the 1% rule or a house hacker seeking offset living costs, this is a strong opportunity in a growing market. Schedule a tour and explore the potential today!

Listing Status:
Active
Date Added:
July 18, 2025 at 05:00AM
Listing Office:
Pearson Smith Realty, LLC : 3043152773
Listing Agent:
Adam Morgan Brand : 3015143392
MLS ID:
MDWA2029914
  • General: Bathroom - Tub ShowerKitchen - Efficiency
  • Basement: Partially finishedRear entrance
  • A/C: Window Unit(s)
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None
  • Eco/Green Feature: None

This listing courtesy of Adam Morgan Brand, Pearson Smith Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bester Elementary School

385 Mill St, Hagerstown, MD, 21740

Grades PK-5

0.63 miles away

W

Western Heights Middle School

1300 Marshall St, Hagerstown, MD, 21740

Grades 6-8

1.42 miles away

B

Barbara Ingram School for the Arts

711 S Potomac St, Hagerstown, MD, 21740

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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