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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
Bedrooms-- Baths-- Sq 3,154

Monthly Estimate*

$ 1,104

11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 1
11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 2
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11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 7
11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 8
11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 9
11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 10
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11023 Old Mount Savage Road NW, Lavale, MD 21502 - Image 15

Commercial Property for sale in Lavale, MD

for $176,970. This 3,154 square foot building 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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Commercial Contingent

Price

$ 176,970

Property Type

Commercial

Taxes

$ 1,881

Style

Apartment Building

Lot Size

0.41

Year Built

1920

Town/City

Lavale

County/Region

Allegany

MLS | Web ID

MDAL2011920
Features
Interior
Heating Fuel Electric Natural Gas
Flooring Carpet Ceramic Tile Vinyl Laminate Plank
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling Ceiling Fan(s) Window Unit(s)
Possession Settlement
Roof Architectural Shingle
Zoning R
Construction Materials Aluminum Siding
Exclusions Tenants Personal Items
Year Built 1920
View Garden/Lawn Mountain Trees/Woods
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County ALLEGANY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
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
Tax Annual Amount 1881.0
Price Per Sq Ft Total AG 56.11
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Estimated
Cap Rate 7.00
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Exterior
Parking Features Private Paved Parking
Lot Features Front Yard Landscaping SideYard(s) Rear Yard
Water Source Public
Type of Parking Driveway
Foundation Details Permanent
Water View Y/N N
Building Area Total 3154.00
Lot Size Acres 0.41
Lot Size Source Estimated
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
2136830 Elementary School
2137124 Middle School
Unknown 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
6/4/2025$199,900 Listed Price

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11023 Old Mount Savage Road NW, Lavale, MD, 21502 is a Commercial Property for sale at $176,970 with 3,154 sqft and a lot size of 0.41. 11023 Old Mount Savage Road NW was built in 1920. The property's zip code is 21502 which is in Lavale, MD

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