Views
Address
201 Spring Street, Cumberland, MD
Price
$ 136,000
Property Attributes
  • MLS#MDAL2003568
  • TypeMulti-Family
  • CountyALLEGANY
  • CityCumberland
  • AreaS Cumberland - Allegany County
  • Zip21502
  • Style
  • Year Built1900
  • Taxes$ 1283
  • Price$ 136,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Data Source:
MRIS
Property Description

Investors- dont miss this investment opprotunity- 2 very large 3-4 bedroom UNITS that are separate metered- builing is freshly painted and shows well. Unit A is a three bedroom one bath unit on bottom floor that leads to fenced yard and street side parking. Unit B is a 4 bedroom 2 full bath unit. located on 2nd and 3rd floor. 3rd floor is like an inlaw apartment with own kitchen and bath. Possible to convert unit B the 4 bedroom unit into 2 units with Modification per the county. Currently only bottom floor unit is vacant and can show anytime. unit 2 will need 24 hours notice as is a new tenant. Long term tenant in unit A recently moved out of state. Nice location , near shopping and in new development area of Cumberland. Exterior of building is all brick, and has a metal roof, fenced yard and convenient to shopping that is in walking distance. Owner just freshly painted the exterior of this large all brick building. other houses in immedate area are being renovated. Unit B rents 1050.00 per month and we are asking 875.00 for unit A that is about $1925.00 gross monthly rental income.

Price History
2/1/2023 Listed $136,000

General Features

Interior Features 2nd Kitchen
Sewer Public Sewer
Heating Forced Air,Space Heater
Cooling None
Possession Immediate
Roof Metal
Appliances Refrigerator,Stove
Zoning R
Pool Y/N No Pool
Architectural Style Other
Construction Materials Brick
School District ALLEGANY COUNTY PUBLIC SCHOOLS
View Mountain,City
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County ALLEGANY
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Total Units 2
MLS Area S Cumberland - Allegany County (MDAL2)
Lot Size Square Feet 3375.00
Waterfront Y/N No
Tax Annual Amount 1283.0
Property Condition Good
Structure Type Other
NumberOfUnitsVacant 2
Other Units Unit 1,Unit 2
Price Per Sq Ft 50.97
Acceptable Financing Cash,Conventional
Rent Control Y/N No
Vacation Rental Y/N No
Location Type Corner Lot/Unit
Tax Lot 57-58
School District 121140562208

Interior Features

Heating Fuel Natural Gas
Flooring Laminated,Vinyl,Wood
Basement Y/N No
Hot Water Electric
Heating Y/N Yes
Window Features Double Pane
Fireplace Y/N No
Central Air Y/N No
Three Bedroom Units Count 2

Exterior Features

Lot Features Corner,Level
Water Source Public
Inclusions all appliances As-IS
Type of Parking On Street
Spa No
Water View Y/N No
Lot Size Acres 0.08
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 21502

Price
AVG $160K
$140K
Taxes
AVG $1,280
$1,283
Visits
AVG 166
12
Data Provided by Inside Real Estate®
Year Built
AVG 1907
1900

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