Attention Investors! Discover a fantastic income-generating opportunity with this well-maintained 3-unit apartment building situated in the desirable heart of Emmitsburg. This property presents an immediate return on investment, as all units are currently under lease, ensuring a steady stream of income from day one. The building's architecture and layout have been thoughtfully designed to provide comfortable living spaces. The second-floor apartment is particularly noteworthy, offering a generous layout with the flexibility of 2 to 3 bedrooms. This unit also benefits from a private walkway and convenient back stairs providing direct access to the inviting backyard, perfect for residents who value outdoor space. The first floor elegantly accommodates two distinct living spaces: a spacious 2-bedroom apartment and a cozy 1-bedroom apartment. Throughout the entire property, you'll find ample, well-distributed living space, ensuring comfort and functionality for all tenants. Please note that a 24-hour notice is required for all property showings to ensure minimal disruption to current residents.
Emmitsburg is located in Maryland. Emmitsburg, Maryland has a population of 2,769. Emmitsburg is less family-centric than the surrounding county with 23.82% of the households containing married families with children. The county average for households married with children is 35.88%.
The median household income in Emmitsburg, Maryland is $71,583. The median household income for the surrounding county is $106,129 compared to the national median of $69,021. The median age of people living in Emmitsburg is 43.5 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 43 inches per year, with 23.3 inches of snow per year.