Attn investors- opportunity is knocking. Motivated seller is offering up this sought after 3 unit building with an excellent return. The property was fully renovated in 2020-2021 ($155k Reno) including separate HVAC units and laundry in each unit. New roof, vinyl plank flooring throughout, tiled bath/showers. New kitchens and Appliances The building is laid out as a 3 bed 1 bath unit (rented at $1000) and two stacked 2 bed 1 bath units. ($800 each; one rented, one currently vacant) all HUD approved. Property manager in place. Turnkey investment offering 16% ROI. Building is located on a nice street walking distance from food/retail/gym.
Mls | MDAL2010340 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active Under Contract |
Year | 1920 |
Days On Site | 44 |
Listing Provided By | Realty ONE Group Capital | Claudia I Flamenco |
Sq Feet | 4,510 |
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Basement | Y |
Units | 1 |
Zoning | RESIDENTIAL |
Acreage | 0.17 |
State | MD |
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County | Allegany |
City | Cumberland |
Zip Code | 21502 |
Area | N Cumberland Allegany County |
Community Name | None Available |
School District | Allegany County Public Schools |
Listing VS Median (in None Available) | |
Price: $189,000 low | high Med: $349,000 SqFt: 4,510 low | high Med: 1,973 $ / SqFt: $42 low | high Med: $189 On Site: 44 low | high Med: 126 |