Seller Financing
Address
216 S Central Avenue Cumberland, MD
Price
$ 84,500
Property Attributes
  • MLS#MDAL134384
  • TypeContingent
  • CountyALLEGANY
  • CityCumberland
  • AreaS Cumberland - Allegany County
  • Zip21502
  • StyleApartment Building
  • Year Built1910
  • Taxes1736
  • Price$ 84,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2960
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Professional Real Estate Services
Property Description

Attention Investors! Take a look at this 5 unit money-maker in the heart of Cumberland. Convenient to I68, Downtown, WMHS, & more. All 5 units rented (As of 6/9/20) Rental income over $2k a month! Priced below tax assessment!

Price History
6/11/2020 Listed $84,500

General Features

Acceptable Financing Cash, Conventional, Negotiable, Seller Financing
Accessibility None
Business Type Apartment Building
Construction Materials Other
Cool Fuel None
Cooling None
County ALLEGANY
Days on Market 135
Heating Baseboard - Electric
MLS Area S Cumberland - Allegany County (MDAL2)
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 28.55
Property SubType Five Or More Units
Property Type Commercial Sale
PropertyCondition Good
Real Estate Owned Y/N No
Sewer Public Sewer
Tax Annual Amount 1736.0
Tax Year 2020
Total Units 5
Vacation Rental Y/N No
Water Access Y/N No
Zoning HIGHWAY BUSINESS

Interior Features

Central Air Y/N No
Entry Level 1
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Total Restrooms 5

Exterior Features

Building Area Total 2960.00
Fencing Y/n No
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1500.00
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 21502

Price
AVG $130K
$80K
Taxes
AVG $1,620
$1,736
Visits
AVG 101
96
Year Built
AVG 1948
1910
Walkscore
AVG 35
79
Data Provided by Walkscore ® not using MLS data

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