116-118 Virginia Avenue Cumberland, MD ^$ 159,000

116-118 Virginia Avenue

^$ 159,000

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116-118 Virginia Avenue

Cumberland, MD, 21502

^$ 159,000

Studio Baths0.0 Sq 1,728

Monthly Estimate*

^$ 1,111

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Studio

Commercial Property for sale in Cumberland, MD

for $159,000. This 1,728 square foot building was built in 1936 on a lot size of 0.1.

Want to be a landlord of a business or own a business? Check out this combo Laundromat and apartment. Gross 1950 per month currently Month to month leases. Sale includes washers, dryers, vending machines and money changer. Nice appointed aprtment upstairs and full basement for extra potential income. Includes parking lot beside building

Commercial Pending

Price

^$ 159,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 316

Style

Lot Size

0.1

Year Built

1936

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2007970

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Street Suffix AVENUE

Central Air Y/N N

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Possession Settlement

Roof Rubber Flat

Zoning B-L

Construction Materials Brick

Year Built 1936

Property SubType Mixed Use

Tax Year 2021

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality Cumberland

Business Type Other

Accessibility None

County ALLEGANY

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status PENDING

Directions From Downtown Cumberland take Industrial Blvd to Virginia Ave

City CUMBERLAND

Buyer Agent Compensation 2.5

MLS Area S Cumberland - Allegany County (MDAL2)

Lot Size Square Feet 4240.00

Waterfront Y/N N

Street Name VIRGINIA

Tax Annual Amount 316.0

Price Per Sq Ft 37.5

Vacation Rental Y/N N

Days on Market 105

Standard Status Pending

Year Built Source Estimated

Tax Lot 7

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Driveway Parking Lot

Water View Y/N N

Building Area Total 4240.00

Lot Size Acres 0.10

Lot Size Units Square Feet

Lot Size Source Estimated

Land Assessed Value 15900.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 116

* Excluded Features

List By

Carter & Roque Real Estate

Broker

kathymiller1256@gmail.com

Affordability Calculator

$1,137

Per Month

Monthly Principal & Interest: $1,111
Monthly Property Taxes: $26
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cumberland, MD

Average List Price ^$418,608

Percent of Sale Price 163%

About Cumberland, MD

19,806 Population

-9% Since 2002

^$33,685 Median Income

41.47 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/4/2024	$159,000		Listed Price

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116-118 Virginia Avenue, Cumberland, MD, 21502 is a Commercial Property for sale at $159,000 with 1,728 sqft and a lot size of 0.1. 116-118 Virginia Avenue is a studio with 0.0 baths and was built in 1936. The property's zip code is 21502 which is in Cumberland, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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116-118 Virginia Avenue

Commercial Property for sale in Cumberland, MD

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