116 VIRGINIA AVENUE

CUMBERLAND , MD 21502

MLS#: MDAL2010938

$149,000

Status: Active
Listing number: MDAL2010938
Listing provided by: EXP Realty, LLC
Listing agent phone: None
Last update: 7 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1936

Sq.Footage

N/A

IMPROVED PRICE! THIS IS A GREAT INVESTMENT!!! 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

  • Pet friendly

    N/A

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

    $149,000

  • 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

  • Water Source

    Public

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Location

County

ALLEGANY

Elementary School

Middle School

High School

Listing Courtesy of Pamela A Terry , EXP Realty, LLC

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IMPROVED PRICE! THIS IS A GREAT INVESTMENT!!! 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

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