Cumberland, MD 21502,116 VIRGINIA AVE
Cumberland, MD 21502,116 VIRGINIA AVE
Cumberland, MD 21502,116 VIRGINIA AVE
Cumberland, MD 21502,116 VIRGINIA AVE
Cumberland, MD 21502,116 VIRGINIA AVE
Cumberland, MD 21502,116 VIRGINIA AVE
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$ 175,000
Est. payment | /mo

2,592 SqFt


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$ 175,000
Est. payment | /mo
Save

2,592 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $67

MLS Listing ID MDAL2010938

Originating Board BRIGHT

Year Built 1936

Annual Tax Amount $1,256

Tax Year 2024

Lot Size 1,440 Sqft

Acres 0.03

Property Sub-Type Mixed Use

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. Don't miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.

Location

State MD

County Allegany

Area S Cumberland - Allegany County (Mdal2)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s)

Flooring Carpet, Tile/Brick, Vinyl

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

View City, Mountain, Street

Roof Type Rubber

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0104002911

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Pamela A Terry • EXP Realty, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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116 VIRGINIA AVE