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324-330 Fayette Street

CUMBERLAND, MD 21502
  • $420,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: MDAL2005880
UPDATED: 30 min ago
$420,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:

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!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-30T10:55:17.573.
www.gailnymanhomes.com/homes/138716166
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324-330 Fayette Street CUMBERLAND, MD 21502

  • Price: $420,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 30 min ago
  • ID#: MDAL2005880
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1910
Built
Neighborhood:
West Side
County:
Allegany
Area:
W Cumberland - Allegany County (Mdal3)
Elementary School:
West Side
Middle School:
Braddock
High School:
Allegany
School District:
Allegany County Public Schools
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!
Exterior Features

Construction Materials BlockMixed Garage YN No Lot Features Level Parking Types On Street Property Condition Good Riparian Rights YN No Road Responsibility City/County View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 9768.00 Cooling None Flooring CarpetLaminatedPartially CarpetedVinyl Heating Forced Air Heating YN Yes Net Square Feet 9768.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2023 Business Type Apartment Building Central Air YN No Cooling Fuel None Elevators 0 Foundation Details Block Heating Fuel Electric Historic YN No Hot Water Electric Insurance Expense 4000.00 Municipality Cumberland Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802286573792 Owner Pays InsuranceManagement Ownership Interest Fee Simple Possession Subject To Existing LeaseSettlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4240.00 Tax Assessment Amount 213300.00 Tax Lot 112 Vacation Rental YN No Water Source Public Zoning R-L

Listing courtesy of Charis Realty Group: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-30T10:55:17.573.
 
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Upper Marlboro MD, 20772