876 Maryland Avenue

Cumberland, MD 21502

$180,000
Price
4
Beds
2
Baths
2,604 Sq. Ft.
$69 / Sq. Ft.
2,604
Sq. Ft.
$69
per Sq. Ft.

Description

Introducing a lucrative investment opportunity situated on Maryland Avenue, this property features three units configured as a duplex. The first side boasts 4 bedrooms and 2 full baths and is leased at $1000 per month, offering a steady stream of income. On the other side of the duplex, you'll find two separate up-and-down units. One unit is 2 bedrooms and 1 bath and is rented for $650 per month, while the other unit is 1 bedroom and 1.5 baths and is rented for $600 monthly, contributing to a substantial...Introducing a lucrative investment opportunity situated on Maryland Avenue, this property features three units configured as a duplex. The first side boasts 4 bedrooms and 2 full baths and is leased at $1000 per month, offering a steady stream of income. On the other side of the duplex, you'll find two separate up-and-down units. One unit is 2 bedrooms and 1 bath and is rented for $650 per month, while the other unit is 1 bedroom and 1.5 baths and is rented for $600 monthly, contributing to a substantial annual gross income of $27,000 with a commendable rental history. Don't miss the chance to capitalize on this investment – schedule your showing today to seize this promising opportunity!
  1. Listed by Jared P Fradiska • Gates Realty
    P: 3017071097 jpf21502@gmail.com

Property Details for 876 Maryland Avenue

Tax ID Number
0104049438
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Views
City
Garage
No
Municipality
CUMBERLAND

Location

Listing Courtesy of Gates Realty
Add your commute
LISTING UPDATED: 04/12/2024 11:26 AM

Property Details for 876 Maryland Avenue

StatusActive
MLS #MDAL2008604
Days on Market22
Taxes$566 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1925
Lot Size0.09 AC / 3,750 SF
CountyAllegany County

Location

Listing Courtesy of Gates Realty
Add your commute

Building Information for 876 Maryland Avenue

Stories-Residences3Year Built1925Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$1,030 per month

30 year fixed, 7.25% Interest

Principal and Interest

$982

Property Taxes

$47

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 876 Maryland Avenue

Location
Location
  • In City Limits: Yes
  • School District Name: ALLEGANY COUNTY PUBLIC SCHOOLS
  • School District County ID: 121140562208
  • SchoolDistrictSource: Listing Agent
  • High School: FORT HILL (ALLEGANY MD)
  • County: ALLEGANY
  • MLS Area: S Cumberland - Allegany County (MDAL2)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 1996
  • Tax Assessed Value: $27,820
  • Year Assessed: 1996
  • County Tax: $275
  • Improvement Assessed Value: $23,140
  • City Town Tax: $291
  • Land Assessed Value: $4,680
  • Section: D
  • Zoning: RES
  • Tax Lot: 8
  • Tax Page Number: 404
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 4
  • Full Baths Count: 2
Financial Information
Financial Information
  • Annual Rental Income: $27,000
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,604.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 14908531
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Door Features: Storm
  • Window Features: Storm
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Historic Highlands Association of REALTORS

Property History for 876 Maryland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 876 Maryland Avenue

Taxable ValueLand$3,300Additions$22,200Total$25,500
Tax Record2023$237 ($20 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtStories2Lot Size3,750 SqFtStyleTownhouseYear Built1925CountyALLEGANYAPN04-049438Fireplace TypeHas Fireplace

Schools near 876 Maryland Avenue

This home is within Allegany County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
John Humbird Elementary School
PublicPK to 5

Washington Middle School
Public6 to 8

Fort Hill High School
Public9 to 12

Center For Career & Technology Education
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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876 Maryland Avenue is a multi-family home for sale in Cumberland, MD 21502. This property was listed for sale on April 10, 2024 by Gates Realty, it's currently listed at $180,000. It has been on the market for a total of 22 days and was last sold on December 24, 2014. This listing's school district is Allegany County Public Schools. Nearby schools include John Humbird Elementary School, Washington Middle School and Fort Hill High School. 876 Maryland Avenue is a 4-bed, 2-bath, 2,604 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gates Realty

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/12/2024 11:26 AM