432-434 PENNSYLVANIA AVENUE

$185,000
432-434 PENNSYLVANIA AVENUE, CUMBERLAND, MD 21502
432-434 PENNSYLVANIA AVENUE

432-434 PENNSYLVANIA AVENUE

$185,000

Attn investors- opportunity is knocking. Motivated seller is offering up this sought after 3 unit building with an excellent return. The property was fully renovated in 2020-2021 ($155k Reno) including separate HVAC units and laundry in each unit. New roof, vinyl plank flooring throughout, tiled bath/showers. New kitchens and Appliances The building is laid out as a 3 bed 1 bath unit (rented at $1000) and two stacked 2 bed 1 bath units. ($800 each; one rented, one currently vacant) all HUD approved. Property manager in place. Turnkey investment offering 16% ROI. Building is located on a nice street walking distance from food/retail/gym.

Features & Amenities

Interior

Flooring Laminate Plank

Exterior

Stories 2
Water Source Public
Utilities Electric Available, Natural Gas Available
POOL No Pool
ROOF Architectural Shingle
Parking On Street
Heat type Central, Forced Air, Energy Star Heating System, Heat Pump(s)
Air Conditioning Central A/C
Sewer Public Sewer
Disability Features Other

Area & Lot

Status Sold
Date Sold December 6, 2024
LIVING SPACE 3,034 Sq.Ft.
TOTAL AREA 4,510 Sq.Ft.
LOT SIZE 7,500 Sq.Ft.
MLS® ID MDAL2010340
Type Multi-Family
Year Built 1920
Architecture Styles Other
HIGH SCHOOL FORT HILL
School District ALLEGANY COUNTY PUBLIC SCHOOLS

Financial

SALES PRICE $185,000
REAL ESTATE TAXES $2,123/yr
Zoning RESIDENTIAL

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