635 Washington St, CUMBERLAND
$560,000 - 4,248 Sf
MLS® # MDAL2009570
700 Fayette St, CUMBERLAND
$480,000
0 Beds
0 Baths
5,280 Sqft
.3 Acres
0 Garages
A well-established investment property in Mountain Maryland, specifically on the Westside of Cumberland. The property is all brick, durability and low maintenance. being situated on the Westside of Cumberland with a desirable location, convenient access to local amenities. The property offers a substantial 5,280 square feet of living space spread across 6 units. There are 3 units with 2 bedrooms each, there are also 3 units with 1 bedroom each, Additionally, there's an Airbnb unit, which suggests flexibility in rental strategies and potentially higher rental income due to short-term stays. The established leasing indicates a history of generating rental income, which can provide financial stability and potential for growth. The fact that the property backs to woods can be a selling point, offering privacy, tranquility, and potentially attractive views for tenants. Overall, this property offers a solid investment opportunity due to its size, configuration, location, and income-generating potential through both traditional leasing and short-term rentals like Airbnb.
Essential Information
MLS® #MDAL2009494
Price$480,000
Bathrooms0.00
Square Footage5,280
Acres0.30
Year Built1965
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address700 Fayette St
CityCUMBERLAND
CountyALLEGANY-MD
StateMD
MunicipalityCumberland
Zip Code21502
Area
W Cumberland - Allegany County (MDAL3)
Interior
HeatingHot Water
CoolingWindow Unit(s)
Exterior
ExteriorBrick and Siding
School Information
DistrictALLEGANY COUNTY PUBLIC SCHOOLS
Additional Information
ZoningR-L
Listing Details
OfficeCharis Realty Group
Office Contact2408015011
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Listing information last updated on December 25th, 2024 at 10:30pm EST.
