Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1890
Sq.Footage
3,520
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!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
3520.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.08
-
Lot Size(square feet)
3650.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Colonial
Price
-
Sales Price
$175,000
-
Tax Amount
$1,533
-
Sq. Footage
3, 520
-
Price/SqFt
$49
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
ALLEGANY
Elementary School
Middle School
High School
Listing Courtesy of Stephen MacGray , Charis Realty Group
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AGENT
Joanne Grus
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