21377-21379 Mount Lena Rd, Boonsboro, MD 21713

$374,995
: 1,500
SqFt

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List Price: $374,995
Price Change: ▼ $4,505 1785258080
Days on Market: 106
Status: ACTIVE
MLS#: MDWA2035804
Living Area: 1,500
Lot Size (Acres): 1.03
Style: Cape Cod
Year Built: 1991
County: Washington
School District: Washington County Public Schools

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Property Description

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. Potential gross income of $34,800! 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.

(301) 730-0555

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Additional Information

Subdivision: None Available
Taxes: $2193
Interior Features: Kitchen - Country
School District: Washington County Public Schools
Heating: Forced Air
Heating Fuel: Electric
Cooling: Window Unit(s)
Water: Well
Sewer: Cess Pool
Basement: Yes