This exceptional four-unit property sits in the heart of Queenstown and makes a fantastic addition to any rental portfolio. The building features a well-designed mix of units, including a one-bedroom with an office, a three-bedroom unit, and two spacious two-bedroom units, along with a detached two-car garage that adds valuable flexibility and potential for additional income. The property currently grosses $6,075 per month, with renewals bringing that figure closer to $6,300 per month starting in June. It is home to outstanding tenants who take pride in where they live, and there is always a strong pool of interested renters for these units, ensuring consistently low vacancy. The location is a major draw, with Queenstown Golf just moments away, the Queenstown Premium Outlets right nearby, and a welcoming community atmosphere that includes Food Truck Fridays at the start of each month, walkable access to the local park, a lively summer concert series, and plenty more to enjoy. This is a rare opportunity to own a stable, income-producing property in a thriving and highly desirable town. Must See!
Queenstown is located in Maryland. Queenstown, Maryland has a population of 777. Queenstown is less family-centric than the surrounding county with 23.12% of the households containing married families with children. The county average for households married with children is 31.88%.
The median household income in Queenstown, Maryland is $97,083. The median household income for the surrounding county is $99,597 compared to the national median of $69,021. The median age of people living in Queenstown is 35.7 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 28 degrees. The average rainfall is approximately 46.1 inches per year, with 13.1 inches of snow per year.
