$375,000
$420,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
9,768 SqFt
SOLD DATE : 07/21/2023
Key Details
Sold Price $375,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,768 sqft
Price per Sqft $38
Subdivision West Side
MLS Listing ID MDAL2005880
Sold Date 07/21/23
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $4,240
Tax Year 2023
Lot Size 5,000 Sqft
Acres 0.11
Property Description
10-unit apartment building in Historic Downtown Cumberland. This income producing property features two 3-bedroom units, two 2-bedroom units and six 1-bedroom units. 8 of these units are currently occupied with tenants paying all utilities. Pictures show a sample of the quality throughout each unit with oak cabinets, updated bathrooms, appliances throughout, individual forced air units and replacement windows. All units have a small balcony for some outdoor space. Plenty of street parking and easy access to I-68. The roof is just about ready to say goodbye. Though we are sad to see it go, seller is willing to contribute $20,000 towards a new one with an agreeable offer. Basement could also be finished with a laundry area for additional income!
Location
State MD
County Allegany
Area W Cumberland - Allegany County (Mdal3)
Zoning R-L
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Flooring Carpet, Laminated, Partially Carpeted, Vinyl
Heat Source Electric
Exterior
Waterfront N
Water Access N
View City
Accessibility None
Road Frontage City/County
Parking Type On Street
Garage N
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools West Side
Middle Schools Braddock
High Schools Allegany
School District Allegany County Public Schools
Others
Tax ID 0106028268
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Lucas J Wishmyer • Burch Real Estate Group, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "