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About This Home
This 0-bedroom, 0-bathroom residential multi family at 200 E FRANKLIN Street in HAGERSTOWN, MD is listed for $515,000 ($140 per sqft). Built in 1885, the home offers 3,684 sqft of living space on a 0.06 acres lot.
Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income.
Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment.
Tenants enjoy convenient access to public parking, nearby retail, and public transportation. Highlights: Fully occupied mixed-use property bringing in $4,000/month Ground-floor restaurant space with private ownership Four residential apartments on upper levels Separate utilities - tenants pay all Excellent visibility and foot traffic in revitalized
downtown corridor Turnkey income producer - stable tenants and strong returns Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.
Key Features
- Built in 1885
- 0.06 acre lot
Property Details
Monthly Cost Estimate
$2,754/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
200 E FRANKLIN Street
HAGERSTOWN, MD 21740
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 200 E FRANKLIN Street is listed at $515,000 ($140/sqft). The estimated monthly payment is $2,232 based on 20% down at 6.5% interest.
Key features include: Built in 1885, 0.06 acre lot.
This property is listed by Krystal Stewart and can be reached at 8133230463 or krystal@rgrealtyinc.com.