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513 National

LAVALE, MD 21502
  • $562,300
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: MDAL2011188
UPDATED: 55 min ago
$562,300
  • 0
    BEDS
  • 0.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Description

Investment Property within minutes of I-68 East or West! This timeless gem is well known to the area as it has previously been Bunnies Restaurant and The Cumberland Oil Company! This property currently stands as a 9 unit apartment building that is turn key ready! 8 units are occupied with all renters in good standing, while one is currently undergoing gentle upgrades. Spacious parking, outside of city limits, close to many amenities as you travel west, and close to Downtown Historic Cumberland when travelling East. Make this your next investment!

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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: 2025-04-24T07:52:57.42.
www.deepcreeksales.com/homes/161471177
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513 National LAVALE, MD 21502

  • Price: $562,300
  • Status: Active
  • On Site: 40 Days
  • Updated: 55 min ago
  • ID#: MDAL2011188
0
Beds
0
Baths
0
½ Baths
0.9
Acres
1915
Built
Neighborhood:
Lavale - Allegany County (Mdal4)
County:
Allegany
Area:
Lavale - Allegany County (Mdal4)
School District:
Allegany County Public Schools
Property Description
Investment Property within minutes of I-68 East or West! This timeless gem is well known to the area as it has previously been Bunnies Restaurant and The Cumberland Oil Company! This property currently stands as a 9 unit apartment building that is turn key ready! 8 units are occupied with all renters in good standing, while one is currently undergoing gentle upgrades. Spacious parking, outside of city limits, close to many amenities as you travel west, and close to Downtown Historic Cumberland when travelling East. Make this your next investment!
Exterior Features

Construction Materials Concrete Garage YN No Parking Types Parking Lot Property Condition Average Roof Other Water Access YN No Water Body Type Creek Water View YN No Waterfront YN No

Interior Features

Building Area Total 5600.00 Cooling Ceiling Fan(s) Heating 90% Forced Air Heating YN Yes Net Square Feet 5600.00

Property Features

Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel Electric Electric Other Electric Expense 90.00 Gross Income 5400.00 Heating Fuel Electric Hot Water Natural GasElectric Navigable Water YN N New Construction YN No Number Of Units Total 9 Operating Expense 125.00 Original MLSNumber 803693495456 Owner Pays WaterSewerTrash Collection Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 5243.00 Tax Lot 1 Total Actual Rent 64800.00 Trash Expense 55.00 Vacation Rental YN No Water Source Public Zoning A Zoning Description Base Area (Commercial buildings) Use type: Multiple Residence - Site Influence: Commercial/Industrial- Property Class C

Listing courtesy of Coldwell Banker Premier: .


©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: 2025-04-24T07:52:57.42.
 
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Taylor-Made Deep Creek Real Estate
35 Towne Centre Way
McHenry MD, 21541