Discover the charm of historic Funkstown with this fully occupied 5-unit property, featuring three 1-bedroom and two 2-bedroom units, each with long-term tenants. This investment gem boasts separate utilities for each unit, ensuring low operating expenses. A private parking lot at the rear offers approximately six spaces for tenants. Situated in a prime location, the property provides easy access to key points of interest and an array of dining options. With a rent roll exceeding $5K monthly, plus utilities covered by tenants through a RUBS system, this is a lucrative opportunity you wonât want to miss!
Funkstown is located in Maryland. Funkstown, Maryland has a population of 889. Funkstown is less family-centric than the surrounding county with 8.85% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Funkstown, Maryland is $38,235. 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 Funkstown is 58.3 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 40.8 inches per year, with 20.6 inches of snow per year.
