Description
Investor alert-This well-maintained triplex presents an outstanding opportunity for investors seeking immediate cash flow with future upside. The property features two spacious 2-bedroom units and one well-appointed 1-bedroom unit, plus a potential 4th unit or additional storage space for added flexibility and long-term value. Recent improvements include a new metal roof, three brand-new gas furnaces, and ductwork already installed for future mini-split systems. All appliances convey, making for a smooth, hassle-free transition for the next owner. Unit A has renovations scheduled, B is currently rented for $950/month, C is rented for $725 and each unit is separately metered for gas and electric to help minimize owner expenses. Tenants pay their own gas and electric, while the owner covers water, sewer, and trash. Conveniently located near downtown Cumberland, shopping, restaurants, and medical facilities, Seller will consider a package deal with additional available properties: MDAL2012462 and MDAL2012546. Call today to schedule your private tour and explore the potential of this income-producing investment opportunity!
Details
| MLS # | MDAL2014754 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1890 |
| Days On Site | 109 |
| Listing Provided By | Charis Realty Group | Stephen MacGray |
Features
| SQ Feet | 3,520 |
|---|---|
| Units | 3 |
| Zoning | RESIDENTIAL |
| Acreage | 0.08 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Appliances | Refrigerator, Oven/Range - Electric, Washer, Dryer |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1533 |
|---|
Area Information
| State | MD |
|---|---|
| County | ALLEGANY MD |
| City | CUMBERLAND |
| Zip Code | 21502 |
| Area | N Cumberland Allegany County (MDAL1) |
| School District | ALLEGANY COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21502) | |
Price: $175,000 low | high Med: $179,000 sqft: 3,520 low | high Med: 1,350 $ / sqft: $50 low | high Med: $133 On site: 109 low | high Med: 66 | |
Market Activity 21502
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Learn More About This Property
| State | MD |
|---|---|
| County | ALLEGANY MD |
| City | CUMBERLAND |
| Zip Code | 21502 |
| Area | N Cumberland Allegany County (MDAL1) |
| School District | ALLEGANY COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21502) | |
Price: $175,000 low | high Med: $179,000 sqft: 3,520 low | high Med: 1,350 $ / sqft: $50 low | high Med: $133 On site: 109 low | high Med: 66 | |
