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Investment Opportunity in Middletown Maryland
Commercial real estate for sale
This multi-family property for sale on Main Street has 5 rental units.
Offers low-maintenance apartments, a large, tree-shaded common area, plenty of off-street parking, (8 spaces) and all apartments are updated with modern appliances, fixtures, flooring and electric.
Photos of 411 W. Main St. Middletown Md:
411 West Main Street Middletown Listing Details
Middletown Maryland Location
Middletown is located five minutes from Frederick Maryland. It boasts beautiful views of the Catoctin Mountains on the east and South Mountain to the west. The Middletown Valley is known for it’s beauty and friendliness. Learn more about Middletown Real Estate.
Middletown is an ideal location, situated in the Middletown Valley, close to Frederick. This property is convenient to grocery stores, retail shopping, employment and amenities.
Middletown is a coveted school district, one of the top school districts in the state of Maryland. The friendly small-town community atmosphere and historic significance are a plus. Festivals, Civil War History, Music, small town coffee/ice cream shop…it’s a charming place.
As of 2014, Middletown’s population is about 4,500 people. Since 2000, it has had a population growth of 67 %. Compared to the rest of the U.S., Middletown’s cost of living is 31% higher than the average.
The unemployment rate is 4.4% in Middletown, compared to the U.S. average of 6.3%. The location to commuter routes is a plus for residents, and the average commute is 31 minutes.
The median age is 40 years old. Estimated median household income in 2016 was $131,900. Median gross rent in 2016 was $1,233. According to City-data research there are 8 registered sex offenders in Middletown. (considered lower on the scale, about half that of Frederick County)
The average home price in Middletown in 2018 was $418,900, [Up 18% over 2013] The average townhouse sells for $287,700, the average single-family home sells for $425,300.
Demographics from City-Data.
Contact Chris Highland for more information: 301-401-5119
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Photo Credit: Mike Procario on Flickr