Charming multi-family investment property nestled in the heart of historic downtown Boonsboro. This all-brick gem offers three lovely apartments and 2 additional bedrooms, with endless possibilities (Hotel, Air B&B, rentals). The first-floor “Town Center” space is currently a thriving business, adding even more potential. The backyard opens to a peaceful park, providing a touch of nature right in town. While it’s on city water and sewer, the property also features its own private well—a unique bonus! Updates include a newer steel roof (2017), central HVAC for year-round comfort, modernized windows, and upgraded electrical systems. In addition to convenient street parking, there is a driveway in the rear for private parking—a rare find in the area! This is more than just an investment—it’s an opportunity to own a piece of history with modern conveniences and a welcoming community vibe!
The median home value in Boonsboro, MD is $365,000. This is higher than the county median home value of $273,000. The national median home value is $338,100. The average price of homes sold in Boonsboro, MD is $365,000. Approximately 75.68% of Boonsboro homes are owned, compared to 21.48% rented, while 2.85% are vacant. Boonsboro real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Boonsboro real estate agent to arrange a tour today!
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.