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11023 Old Mount Savage Road NW Lavale, MD $ 176,970
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$ 176,970 Get more info
11023 Old Mount Savage Road NW
$ 176,970
Back to search
Share Save

11023 Old Mount Savage Road NW

Lavale, MD, 21502
$ 176,970
Bedrooms10 Baths0.0

Monthly Estimate*

$ 1,104

11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 1
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Multi-Family Home for sale in Lavale, MD

for $176,970 with 10 bedrooms. This home was built in 1920 on a lot size of 0.41.

Calling all investors! This fully leased 5-unit property is a rare find at under $200Kfeaturing four spacious 2-bedroom, 1-bath units in the main building plus a charming 2-bedroom carriage house in the rear. With strong, steady rental income and mostly long-term tenants on flexible month-to-month leases, this property is already working for you. Each unit offers its own kitchen, comfortable living space, and classic charm with plenty of potential to increase rents and maximize value. Recent upgrades include a brand-new roof on the main building (August 2024) and a newer roof on the carriage house (May 2021). Whether you're looking to expand your portfolio or dive into multi-family investing, this is a prime opportunity with built-in upside. Dont miss out!

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Multi-Family Contingent

Price

$ 176,970

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 1,881

Style

Farmhouse/National Folk

Lot Size

0.41

Year Built

1920

Town/City

Lavale

County/Region

Allegany

MLS | Web ID

MDAL2011778
Features
General
Living Area 2535
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Ceiling Fan(s) Window Unit(s)
Possession Settlement
Roof Architectural Shingle
Zoning R
Patio/Porch Features Porch(es)
Architectural Style Farmhouse/National Folk
Construction Materials Aluminum Siding
School District ALLEGANY COUNTY PUBLIC SCHOOLS
Year Built 1920
View Garden/Lawn Mountain Trees/Woods
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County ALLEGANY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions From Cumberland Route 36 past Timbrook GMC - Right onto Rt. 40/National Hwy SW - Right on Old Mount Savage Rd. to #11023 house on Left
City LAVALE
Disclosures Prop Disclosure Prop Disclaimer Lead Based Paint - State Lead Based Paint - Federal
Number Of Units Total 4
MLS Area LaVale - Allegany County (MDAL4)
Lot Size Units Square Feet
Lot Size Square Feet 17925.00
Number of Units Leased 5
Tax Annual Amount 1881.0
Two Bedroom 5
Structure Type Detached
Price Per Sq Ft Total AG 69.81
Vacation Rental Y/N N
Lease Type Long Term Month to Month
Standard Status Active Under Contract
Year Built Source Assessor
Cap Rate 7.80
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Interior
Interior Amenities Bathroom - Tub Shower Carpet Dining Area Kitchen - Eat-In Kitchen - Table Space Family Room Off Kitchen
Heating Fuel Electric Natural Gas
Basement Connecting Stairway
Flooring Carpet Ceramic Tile Vinyl Laminate Plank
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Exterior Amenities Bump-outs Exterior Lighting
Pool No Pool
Parking Features Paved Driveway Paved Parking Private
Lot Features Front Yard Landscaping SideYard(s) Rear Yard
Water Source Public
Type of Parking Off Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.41
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 32900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 11023
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* Excluded Features
List By
Keller Williams Realty

Broker

jennifer@jyhteam.com

Email

Affordability Calculator

$1,261
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,104
Monthly Property Taxes
$157
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4606583 Elementary School
3534780 Middle School
Allegany High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/7/2025$176,970 -3.00% Price Down
7/28/2025$182,443 -3.00% Price Down
6/14/2025$188,085 -5.91% Price Down
5/19/2025$199,900 Listed Price

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11023 Old Mount Savage Road NW, Lavale, MD, 21502 is a Multi-Family Home for sale at $176,970 with a lot size of 0.41. 11023 Old Mount Savage Road NW has 10 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 21502 which is in Lavale, MD

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