116 Virginia Ave

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.

2,592 Sq.Ft. LIVING AREA

1,440 Sq.Ft. lot

Features & Amenities

Interior

Flooring Carpet, Vinyl

Area & Lot

Status For Sale
Living Area2,592 Sq.Ft.
Lot Area1,440 Sq.Ft.
MLS® IDMDAL2010938
TypeCommercial
YEAR BUILT1936
NeighborhoodCumberland
View DescriptionCity, Mountain(s), Street

Exterior

water SourcePublic
roofRubber
parkingOn Street
HEAT TYPEForced Air, Natural Gas
AIR CONDITIONINGCeiling Fan(s)
sewerPublic Sewer

Financial

Sales Price$175,000
Real Estate Tax $1,256/yr

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Thank you for your interest in 116 Virginia Ave, Cumberland, MD 21502. We are reviewing your request and will be in touch shortly!

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Cumberland

Rural area with beautiful mountain views!

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116 Virginia Ave

$175,000

Pamela Terry

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Cumberland

Results-Driven, Client-Focused, Always Exceptional

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Leave a Message

Thank you for your message. We will be in touch with you shortly.

116 Virginia Ave

$175,000

Pamela Terry

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Cumberland

Results-Driven, Client-Focused, Always Exceptional

Follow Me on Instagram

Contact Details

Pamela Terry

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