$149,000

116 Virginia Ave, Cumberland, MD, 21502

1,728

Square feet

0.03

Acres

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.

Listing Details

OfficeEXP Realty, LLC
Contact Info8888607369

Facts & Features

MLS® # MDAL2010938
Price $149,000
Bathrooms 0.00
Square Footage 1,728
Acres 0.03
Year Built 1936
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 116 Virginia Ave
Area S Cumberland - Allegany County
City Cumberland
County ALLEGANY-MD
State MD
Zip Code 21502
Senior Community No

Amenities

View City, Mountain, Street
Is Waterfront No

Interior

Heating Forced Air
Cooling Ceiling Fan(s)

Exterior

Exterior Brick, Block
Roof Rubber
Construction Brick, Block
Foundation Block

Additional Information

Date Listed February 10th, 2025
Days on Market 281
Zoning COMMERCIAL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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