Cumberland, MD 21502,212 DECATUR ST
Cumberland, MD 21502,212 DECATUR ST
Cumberland, MD 21502,212 DECATUR ST
See all 3 photos

$350,000

$360,000

2.8%
Est.Price: ?

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Est. payment /mo

7,492 SqFt


SOLD DATE : 10/31/2023

Key Details

Sold Price $350,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 7,492 sqft

Price per Sqft $46

Subdivision None Available

MLS Listing ID MDAL2006550

Sold Date 10/31/23

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $5,121

Tax Year 2023

Lot Size 6,905 Sqft

Acres 0.16

Property Description

Exceptional Investment Opportunity: 11-Unit Apartment Building with Additional Portfolio Options

Presenting an incredible investment opportunity, we have an 11-unit apartment building that offers tremendous potential for savvy investors. The building consists of 8 spacious two-bedroom, one-bath units, along with three comfortable one-bedroom, one-bath units. The diverse unit mix caters to a broad range of tenants, ensuring steady rental income.

Convenience and tenant satisfaction are priorities, as the property boasts on-site laundry facilities located at the rear. This amenity adds value and convenience for residents, enhancing the overall appeal of the building.

What sets this opportunity apart is the chance to acquire not only this 11-unit building but also an additional portfolio of properties. Included in the portfolio is another 11-unit building located at 215 Virginia Ave, along with a single-family home located at 7-9 N Waverly St . This combined offering totals an impressive 23 units in three properties.

Remarkably, this substantial portfolio is available at an attractive price of just $765,000! Don't miss out on the chance to acquire such a sizable portfolio at a discounted rate, securing multiple income-generating properties in one strategic investment.

Take advantage of this exceptional opportunity to expand your investment portfolio and capitalize on the potential for long-term growth and profitability.

For more information or to schedule a viewing. Opportunities like these are rare, so act swiftly to secure this remarkable investment package.

Location

State MD

County Allegany

Area Ne Allegany - Allegany County (Mdal10)

Zoning R-O

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0123012448

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Roberto G. Gonzalez • RG Realty, Inc.
Bought with Roberto G. Gonzalez • RG Realty, Inc.
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