116 VIRGINIA AVENUE

CUMBERLAND , MD 21502

MLS#: MDAL2010938

$165,000

Status: Active
Listing number: MDAL2010938
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 2 months ago
On site: 5 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1936

Sq.Footage

N/A

IMPROVED PRICE! 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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Block

  • Parking

    On Street, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s), City, Street

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $165,000

  • Tax Amount

    1256.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Block

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

ALLEGANY

Elementary School

Middle School

High School

Listing Courtesy of Pamela A Terry , EXP Realty, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MarylandSandbox

FOUNDER

MarylandSandbox

Call Maryland today to schedule a private showing.

(980) 000-0000

maryland.sandbox@realhub365.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
IMPROVED PRICE! 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.

116 VIRGINIA AVENUE

Message successfully sent.

What would you like to know?

Related Properties

Nice 1 level 1000 sf building with small parking area (Salon now leased @ $1,000+ utilities paid by tenant). 2 Restrooms, small office in back with outside access. Fenced lot and rest of frontage is available for use or lease potential/historical $2,000/ month for lot with building. Nice fence with sliding gate for secure storage. Good rental history for building and lot. Business and Salon business assets are NOT FOR SALE.
#MDAL2010996

CUMBERLAND

230 N MECHANIC STREET

None Beds

None Baths

1,000 Sq.Ft.

$195,000

MLS#: MDAL2010996

REDUCED PRICE!!! AMAZING BUSINESS OPPORTUNITY! LEASE w/OPTION TO PURCHASE! Turn your business dream into a reality!!! With over 4100 fin. sq ft, possibilities are unlimited! This property once operated as a laundry mat on the main level! Wheel Chair accessible, Wheel Chair lift and a LARGE parking lot (5+ spaces) in the rear! Two apartments on the upper level. Apt. A pays $740 per month (HRDC pays $482.00) and Apt. B pays $750 per month (Hud pays $488.00). Tenants pay electric. Apartments heat with electric baseboard. Building does have gas heat as well. Central Air. SOLAR PANELS are owned by the seller and will convey with the sale of the property! The HUGE basement has ample storage space! Are looking to start a business? This commercial property could be for you! Call today to schedule a tour.
#MDAL2007942

CUMBERLAND

313 SPRINGDALE STREET

None Beds

None Baths

5,150 Sq.Ft.

$165,000

MLS#: MDAL2007942

GREAT LOCATION RIGHT OFF THE CUMBERLAND MALL -PREVIOUSLY LISTED FOR 10- 14-16 N CENTRE ST - NOW LISTING IS FOR 14-16 N. CENTRE ST ONLY - A VERY HIGH VOLUME AREA WITH RESTAURANTS - MANY STORES AND OFFICES LOCATED NEARBY - THIS LARGE BUILDING HAS EXCELLENT RETAIL SPACE ON THE MAIN LEVEL WITH MANY ROOMS ON THE UPPER LEVELS THAT COULD BE USED FOR A MULTITUDE OF USES - LOTS OF PUBLIC PARKING IS ALSO AVAILABLE - 3 BATHROOMS (1 FULL,2 HALF) POSSIBLY SOME MATCHING REVITALIZATION GRANTS AVAILABLE IN THIS AREA - LOCATED IN THE DOWNTOWN BUSINESS AREA
#MDAL2002384

CUMBERLAND

14-16 CENTRE STREET N

None Beds

None Baths

4,100 Sq.Ft.

$175,000

MLS#: MDAL2002384

Are you looking for that perfect space for your business or offices? Look no further than 152 Bedford St! This brick property has TWELVE parking spaces and is adjacent to the newly renovated Downtown Cumberland Mall. Business is booming, and you can be a part of it. This fantastic property has been utilized as a business location for decades; offering space for 6 large offices, 3 bathrooms, 2 kitchenettes, full laundry and multiple private entrances. If you would want to divide the space., there is unlimited potential on what you could do here. Run your business on one floor and rent the additional space to offset your monthly fees. This property also has the potential to be divided into two separate apartments. Again, limitless possibilities. You are within walking distance to multiple restaurants, shops, boutiques, pharmacy, and grocery stores. The police and fire station are 1 block away. Quick access to Interstate 68, medical facitlites, and so much more. Don't miss your opportunity to be part of the rebirth and revitalization of Downtown Cumberland. Schedule your private showing today.
#MDAL2010944

CUMBERLAND

152 BEDFORD STREET

None Beds

None Baths

2,671 Sq.Ft.

$139,000

MLS#: MDAL2010944

Own a Piece of Historic Downtown Cumberland’s Revival! Be part of the exciting “Reimagine Historic Downtown Cumberland” initiative with this incredible opportunity to own a 7,080 sq ft mixed-use property in the heart of a growing retail and dining district. This building offers a prime first-floor retail space perfect for a boutique, café, or creative venture, while the second and third floors present a blank canvas—ready for your vision and in need of major renovation. Located in a lively streetscape welcoming both daytime shoppers and nighttime visitors, this property offers flexibility, character, and potential. With the Main Street Streetscape Project completed, now is the perfect time to invest as the area begins a vibrant transformation. Don’t miss your chance to own a piece of Cumberland’s bright future!
#MDAL2012094

CUMBERLAND

123 BALTIMORE STREET

None Beds

None Baths

8,160 Sq.Ft.

$175,000

MLS#: MDAL2012094

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here