Strong income-producing opportunity with immediate and long-term upside. This 1.03-acre property features two separate homes on one deed, offering excellent cash flow, flexibility, and appreciation potential. The main Cape Cod-style home is already leased through 2/28/27 at $1,650 per month, providing stable, reliable income from day one. The second home is move-in ready and projected to rent for approximately $1,250 per month, creating a strong combined rental stream with minimal upfront work needed. Both homes have seen meaningful updates, reducing near-term capital expenses and increasing tenant appeal. Each property includes its own storage shed, off-street parking, and ample outdoor space, further enhancing rental desirability and long-term value. The larger home offers a functional country kitchen with essential appliances, new windows, a new water heater, and a UV light system on the well water, along with a partial unfinished basement for added storage or future expansion. The second home features a new roof, new windows, new LVP flooring, and an updated tile shower, making it highly attractive for tenants.
Boonsboro is located in Maryland. Boonsboro, Maryland has a population of 3,757. Boonsboro is more family-centric than the surrounding county with 36.32% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Boonsboro, Maryland is $105,196. The median household income for the surrounding county is $67,349 compared to the national median of $69,021. The median age of people living in Boonsboro is 36.9 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 41.7 inches per year, with 19.8 inches of snow per year.
