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116 Virginia Avenue

CUMBERLAND, MD 21502
  • $175,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: MDAL2010938
UPDATED: 149 min ago
$175,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1936
County:

School Ratings & Info

Description

Great Investment Opportunity!Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month.The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Dont miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.

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©2025 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 Taylor-Made Deep Creek 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: 2025-03-17T23:51:31.34.
www.deepcreeksales.com/homes/160216884
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116 Virginia Avenue CUMBERLAND, MD 21502

  • Price: $175,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 149 min ago
  • ID#: MDAL2010938
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1936
Built
Neighborhood:
S Cumberland - Allegany County (Mdal2)
County:
Allegany
Area:
S Cumberland - Allegany County (Mdal2)
School District:
Allegany County Public Schools
Property Description
Great Investment Opportunity!Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month.The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Dont miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.
Exterior Features

Construction Materials BrickBlock Garage YN No Parking Types Parking LotOn Street Property Condition Very Good Roof Rubber View CityMountainStreet Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2592.00 Cooling Ceiling Fan(s) Flooring CarpetTile/BrickVinyl Heating Forced Air Heating YN Yes Net Square Feet 1728.00

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Foundation Details Block Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Hot Water Natural Gas Municipality Cumberland Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 803626865294 Ownership Interest Fee Simple Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1256.00 Vacation Rental YN No Water Source Public Zoning COMMERCIAL

Listing courtesy of EXP Realty, LLC: .


©2025 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 Taylor-Made Deep Creek 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: 2025-03-17T23:51:31.34.
 
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Taylor-Made Deep Creek Real Estate
35 Towne Centre Way
McHenry MD, 21541