Skip To Content

200 E Franklin Street

HAGERSTOWN, MD 21740
  • $515,000
  • STATUS: Active
  • ON SITE: 72 Days
  • ID#: MDWA2032518
UPDATED: 16 min ago
$515,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,684
    SQFT
  • $140
    $/SQFT
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

Description

Prime Downtown Mixed-Use InvestmentExceptional 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/monthGround-floor restaurant space with private ownershipFour residential apartments on upper levelsSeparate utilities – tenants pay allExcellent visibility and foot traffic in revitalized downtown corridorTurnkey income producer – stable tenants and strong returnsPerfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.

Monthly Payment Calculator



©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-12T14:59:10.223.
www.baltimorehousehunters.com/homes/169426037
Print Image

200 E Franklin Street HAGERSTOWN, MD 21740

  • Price: $515,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 16 min ago
  • ID#: MDWA2032518
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,684
SQFT
$140
$/SQFT
1885
Built
County:
Washington
School District:
Washington County Public Schools
Property Description
Prime Downtown Mixed-Use InvestmentExceptional 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/monthGround-floor restaurant space with private ownershipFour residential apartments on upper levelsSeparate utilities – tenants pay allExcellent visibility and foot traffic in revitalized downtown corridorTurnkey income producer – stable tenants and strong returnsPerfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Roof Asphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3684 Basement YN No Cooling Other Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing Conventional Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Permanent Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 4 Number Of Units Vacant 0 Original MLSNumber 804283465636 Owner Pays Taxes - Personal property Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 4779.00 Vacation Rental YN No Water Source Public Zoning CCMU

Listing courtesy of RG Realty, Inc.: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-12T14:59:10.223.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_804283465636-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_804283465636-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_804283465636-2.jpg
Logo
The Schiff Home Team | eXp Realty LLC
9505 Reisterstown Rd Ste 1S
Owings Mills MD, 21117