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802-804 Gephart Drive

CUMBERLAND, MD 21502
  • $385,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: MDAL2004084
Price Reduced
UPDATED: 44 min ago
$385,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1922
County:

School Ratings & Info

Description

Seller 's says...Bring a Quick sale and Reduce the Listed price! Incredible Investor Alert!! 8- units with Possibility for 10-Units Easily!!! Classic Traditional Apartments with Stunning West Side Mt. Views. Unstoppable Original Hardwood floors and Authentic Hard Wood Doors & Frames throughout these units make this a MUST see! 4 Units to the Right of the building offer 1 Bedroom and 1 Bath apartments...4 Units to the Left of the building offer 3 Bedrooms and 1 Bath apartments. All Units have spacious Bedrooms and Large Eat-In Kitchens. Both Top Terrace units offer Maxed living space with Amazing Views from Walk out French door Terraces. Each unit is Separately metered for individual tenant electric billing. Seller has worked hard and completed New Electric, New Windows, New roof, All New plumbing, Added Central AC / Heat Pumps Min-Splits. PossibleTotal Monthly Rental Income = $5,000-7,000. Located on the West side of Cumberland with Easy access to I-68 East or West. All Local Shopping, and Restaurant are within minutes. At this Unstoppable Selling Price, you can surely afford to add your Finishing touches too! Call listing agent for more details. PLEASE Only Serious Experienced Investors.

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©2022 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: 2022-10-02T23:50:34.083.
www.deepcreeksales.com/homes/132140356
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802-804 Gephart Drive CUMBERLAND, MD 21502

  • Price: $385,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 44 min ago
  • ID#: MDAL2004084
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1922
Built
Neighborhood:
W Cumberland - Allegany County (Mdal3)
County:
Allegany
Area:
W Cumberland - Allegany County (Mdal3)
School District:
Allegany County Public Schools
Property Description
Seller 's says...Bring a Quick sale and Reduce the Listed price! Incredible Investor Alert!! 8- units with Possibility for 10-Units Easily!!! Classic Traditional Apartments with Stunning West Side Mt. Views. Unstoppable Original Hardwood floors and Authentic Hard Wood Doors & Frames throughout these units make this a MUST see! 4 Units to the Right of the building offer 1 Bedroom and 1 Bath apartments...4 Units to the Left of the building offer 3 Bedrooms and 1 Bath apartments. All Units have spacious Bedrooms and Large Eat-In Kitchens. Both Top Terrace units offer Maxed living space with Amazing Views from Walk out French door Terraces. Each unit is Separately metered for individual tenant electric billing. Seller has worked hard and completed New Electric, New Windows, New roof, All New plumbing, Added Central AC / Heat Pumps Min-Splits. PossibleTotal Monthly Rental Income = $5,000-7,000. Located on the West side of Cumberland with Easy access to I-68 East or West. All Local Shopping, and Restaurant are within minutes. At this Unstoppable Selling Price, you can surely afford to add your Finishing touches too! Call listing agent for more details. PLEASE Only Serious Experienced Investors.
Exterior Features

Construction Materials Brick Garage YN No Parking Features Public Parking Types On Street Property Condition Average Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11352.00 Cooling Ductless/Mini-Split Flooring HardwoodVinyl Heating Hot Water Heating YN Yes Inclusions Some Finishing Supplies Net Square Feet 8514.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2022 Business Type Apartment Building Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN No Municipality Cumberland Navigable Water YN N New Construction YN No Number Of Units Total 8 Original MLSNumber 801812220106 Ownership Interest Fee Simple Possession ImmediateSettlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 2546.00 Tax Assessment Amount 128100.00 Total Actual Rent 7000.00 Utilities Cable Tv AvailableElectric AvailableNatural Gas Available Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning R-U

Listing courtesy of Re/Max Achievers: .


©2022 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: 2022-10-02T23:50:34.083.
 
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McHenry MD, 21541