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212 Decatur Street

CUMBERLAND, MD 21502
  • $350,000
  • STATUS: Closed
  • ON SITE: 341 Days
  • ID#: MDAL2006550
Sold - 10/31/2023
$350,000
SOLD - 10/31/2023
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

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

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©2024 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: 2024-06-14T23:57:10.797.
www.deepcreeksales.com/homes/141315226
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212 Decatur Street CUMBERLAND, MD 21502

  • Price: $360,000
  • Status: Closed
  • On Site: 341 Days
  • ID#: MDAL2006550
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1900
Built
Neighborhood:
None Available
County:
Allegany
Area:
Ne Allegany - Allegany County (Mdal10)
School District:
Allegany County Public Schools
Property Description
Exceptional Investment Opportunity: 11-Unit Apartment Building with Additional Portfolio OptionsPresenting 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.
Exterior Features

Construction Materials Vinyl Siding Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 7492.00 Cooling Window Unit(s) Heating Baseboard - Electric Heating YN Yes Net Square Feet 7492.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Apartment Building Buyer Financing Conventional Central Air YN No Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality CUMBERLAND Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802466348288 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5121.00 Tax Assessment Amount 260600.00 Vacation Rental YN No Water Source Public Zoning R-O

Listing courtesy of RG Realty, Inc.: .


©2024 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: 2024-06-14T23:57:10.797.
 
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Taylor-Made Deep Creek Real Estate
35 Towne Centre Way
McHenry MD, 21541