432-434 PENNSYLVANIA AVE Under Contract

Cumberland,MD 21502

$ 189000

- Bed

- Bath

3034 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,034 sqft

Price per Sqft $62

Subdivision None Available

MLS Listing ID MDAL2010340

Style Other

Year Built 1920

Annual Tax Amount $2,123

Tax Year 2025

Lot Size 7,500 Sqft

Property Description

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.

Location

State MD

County Allegany

Area N Cumberland - Allegany County (Mdal1)

Zoning RESIDENTIAL

Interior

Hot Water 60+ Gallon Tank,Multi-tank,Electric

Heating Central,Forced Air,Energy Star Heating System,Heat Pump(s)

Cooling Central A/C

Flooring Laminate Plank

Exterior

Utilities Available Electric Available,Natural Gas Available

Water Access N

Roof Type Architectural Shingle

Building

Sewer Public Sewer

Water Public

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

High Schools Fort Hill

School District Allegany County Public Schools

Others

Acceptable Financing Conventional,Cash,FHA,VA

Listing Terms Conventional,Cash,FHA,VA

Special Listing Condition Standard

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