MD
WASHINGTON
HAGERSTOWN
21740
200 E FRANKLIN STREET
200 E FRANKLIN STREET, HAGERSTOWN, MD 21740
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Listing Type
Multi Family
Listing Status
active
0
$515,000

Home Details for 200 E FRANKLIN STREET

Price
$515,000
Type
Residential Income
Bedrooms
5
Bathrooms
Square feet
3684
Year built
1885
Lot size acres
0.06
County
WASHINGTON
Garage
Days on site
1
MLS Listing#
MDWA2032518
Property Description

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.

Property Features
  • Cooling Information
    • Other
    • Electric
  • Heating Information
    • Electric
    • Baseboard
  • Water Features
    • Public
  • Parking
    • On Street
Listing Courtesy: RG Realty, Inc. - 240-203-6393
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Last Updated: 2025-11-05 17:32:58
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EXIT REALTY CENTER
205 E Ridgeville Blvd, Mt. Airy, MD 21771
Kelly Steichen
License #: 616859/License #: SP98370891/License #: RMR004085/License #: 2225178464
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301 703 8169
Agent
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